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
President of the Russian Federation
Федеральный закон от 06.04.2015 г. № 83-ФЗ
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.