Analytics and brochures

The Russian Ministry of Finance is proposing to change the use of tax benefits in cross-border transactions in the draft of ‘Principle lines of budget, tax, and customs and tariffs policy for 2020 - 2022’.

The Russian Ministry of Finance is planning to include grapes used for the production of wine in the list of excisable products in 2020. 

The Head of the Russian Ministry of Industry and Trade has announced that the tax free system can be extended to cover all Russian regions by the end of 2019.

The Russian Ministry of Economic Development has suggested the concept of adigital special economic zone for the IT sector featuring many benefits, including tax benefits.

An agreement on the labelling of products in the Eurasian Economic Union (the “EAEU”) has come into force. This agreement was signed a year ago by the heads of governments of the member states. The document grants the right to each member state of the EAEU to propose the implementation of the labelling of products in all five countries.

On 15 March, a public consultation started concerning amendments to the Russian Tax Code that were drafted by the Russian Finance Ministry and are aimed at settling disputes under international transactions and many other issues.