ANNOUNCEMENT 06 Apr 2015

Federal Law No. 83 of 6 April 2015 introduces two tax measures that improve the financial situation of the domestic land and air transportation industry.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE

President of the Russian Federation
Федеральный закон от 06.04.2015 г. № 83-ФЗ
http://static.kremlin.ru/media/acts/files/0001201606020027.pdf

Inception date: 07 Apr 2015 | Removal date: open ended
Still in force

Tax or social insurance relief

Firstly, Federal Law No. 83 decreases from 18% to 10% the VAT rate on the domestic air transportation of luggage and passengers until 31 December 2017.


Secondly, Federal Law No. 83 abolishes the VAT rate with respect to Russian railway transportation carriers until 31 December 2016. Furthermore, Federal Law No. 173 of 2 June 2016 prolongs the validity of this state intervention with 12 months.

Federal Law No. 83 enters into force on 7 April 2015.

AFFECTED SECTORS

 
651 653

AFFECTED PRODUCTS

 
N/A