The Ministry of Finance has developed a mechanism to collect VAT based on the “country of destination” principle when selling goods through markets. This is necessary in order to eliminate the problem of double taxation for Russian sellers.
This is reported by the newspaper “Vedomosti” with reference to the draft amendments to the Tax Code.
The representative of the Ministry of Finance explained that the bill provides that the Russian seller-taxpayer is exempt from paying VAT in Russia if he sells goods through online stores to natural persons in the EAEU countries.
In addition to Russia, the EAEU includes Armenia, Belarus, Kazakhstan, and Kyrgyzstan.
Until last year, VAT was paid only in the “country of departure”, but since 2022 Kazakhstan and Belarus, with rates of 12% and 20%, respectively, began to levy an indirect tax on the value of the goods they sell. the businessmen. in their territory.
Therefore, sellers from Russia were forced to pay twice if their products were purchased in one of these countries.
Author:
anastasia mariana
Source: RB
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