Moscow business ombudsman Tatyana Mineeva urged tax cuts for businesses after the introduction of new EU sanctions, Russia launched Brandly online platform for worldwide shopping and other events on May 12 .
Russia
- The Ministry of Finance has developed a mechanism to levy VAT on the “country of destination” principle when selling goods through e-commerce platforms to eliminate the problem of double taxation, Vedomosti learned.
- Moscow business ombudsman Tatyana Mineeva called for tax cuts for companies after the introduction of new EU sanctions, TASS reports.
Finance
- Bankers reacted negatively to the new requirements of the Central Bank to transfer information about the use of VPN to Roskomnadzor through an insecure channel – email, writes Kommersant.
Business
- French company Decathlon has found buyers for several of its stores in Russia, Izvestia reported. It is unknown who the buyer will be.
- Inventive Retail Group launched the Brandly online shopping platform for purchases worldwide. The goods still go two to four weeks from the date of payment of the purchase.
- The owner of Twitter, Elon Musk, announced his resignation as CEO of the social network after about six weeks. The new head of the microblogging service will be an unidentified businesswoman.
Author:
RB team
Source: RB
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