ANNOUNCED AS TEMPORARYNo
Internal taxation of imports
With Federal law N 187-FZ of 23 June 2016 "On amendments to partII of the Tax Code of the Russian Federation", the Russian Government exempted the imports of certain breeding animals of VAT (turnover tax).
The goods in question are specified in article 2 of Federal Law No. 187-FZ: breeding cattle, breeding swine, breeding sheep, breeding goats, breeding horses, breeding birds (breeding eggs); seed (semen) obtained from pedigree bulls, pedigree swine, pedigree sheep, pedigree goats, pedigree stallions; embryos obtained from pedigree cattle, pedigree swine, pedigree sheep, pedigree goats, pedigree horses, classified in accordance with the Single Commodity Nomenclature of Foreign Economic Activity of the Eurasian Economic Union.
Law No. 187-FZ enters into force on 1 October 2016. The reported new state initiative shall remain in force until 31 December 2016.
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