The government supported the project of withdrawal of tax on surrender of waste paper

The government supported the project of withdrawal of tax on surrender of waste paper


The paper for recycling are paper and cardboard production wastes and consumption, waste and disused paper, cardboard, printing products, business papers, including documents with expired shelf life.

MOSCOW, 29 Jan. The Russian government supported the bill on exemption from taxation on value added of transactions of sale of waste paper, reported on the website of the Cabinet of Ministers of the Russian Federation on Friday.

The draft Federal law introduced by the deputies of the state Duma Alexander Fokin, Valentina Tereshkova, Valery Trapeznikov and others.

“The bill proposes to amend article 149 of the Tax code of the Russian Federation, providing for exemption from taxation on value added of transactions on realization in territory of the Russian Federation of waste paper”, — stated in the message.

Under the bill, the paper for recycling are paper and cardboard production wastes and consumption, waste and disused paper, cardboard, printing products, business papers, including documents with expired shelf life.

According to the government, exemption from taxation on value added of these operations will create conditions for combating illegal refund of tax and the understatement of the tax base, existing in the sphere of the turnover of such goods.

“Given the above, the government of the Russian Federation supports the bill,” concluded the Cabinet.