Russian Legislation being Drafted to Impose VAT on Foreign Online Retailers
According to an announcement from the Russian Federal Antimonopoly Service, draft legislation is being prepared to impose value added tax (VAT) on goods sold by foreign online retailers to Russian consumers. Imposing VAT on foreign suppliers of e-services is already effective from 2017. The plan to also bring foreign online retailers within the scope of VAT is included as part of the governmen…
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