OrbitaxOrbitax

Russia Clarifies VAT Obligation if VAT Not Included in Contract

|Approved Changes|Russia
Russia

Russia's Ministry of Finance recently issued a guidance letter to clarify the value added tax (VAT) obligation in cases where the VAT due has not been specified in a contract for services provided in Russia for a nonresident not registered for VAT. The letter refers to a May 2014 decision of the Supreme Arbitration Court, which includes that the amount of VAT due on a supply must be included i…

Continue Reading