IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 04 Jan 2013 | Removal date: open ended
Still in force

Internal taxation of imports

On December 3, 2012, Mr Vladimir Putin, the President of the Russian Federation, signed the Federal Law on Amendments to Article 150 of Part Two of the Russian Federation Tax Code. It was approved by the Federal Duma on November 23, 2012, and by the Council of the Federation on November 28, 2012. The law exempts activities by state or municipal organisations, which are related to imports of cultural property from VAT. The measure is supposed to replenish the stocks of cultural property at the expense of budgetary and extra-budgetary sources. The law entered into force on January 4, 2013.

 

AFFECTED COUNTRIES

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