Putin instructed to consider the introduction of VAT for international online shops

Putin instructed to consider the introduction of VAT for international online shops

Moscow. 8 Nov. The government of the Russian Federation prior to 31 December will need to consider VAT and customs fees from foreign Internet sites and suppliers when implementing the Russian physical persons of foreign goods. The corresponding order the head of state gave at the meeting on 18 October Congress of “Business Russia”, reported the press service of the Kremlin.

Economy11 Oct 2016Российские online merchants asked for state protection from the Chinese concurentiale read more

Speaking at the Congress, Putin noted that the discussion of regulation in the market of Internet trade is in the government. The discussion also involved the head of Sberbank German Gref, which has a very good offer in this area. “We just yesterday discussed this issue, including with the Chairman of the Board of Sberbank, which has a very good have a suggestion on cooperation with foreign and Russian partners in this area, the Government is working on this, we are discussing this issue with our colleagues and partners in the framework of the Eurasian economic Union, because these questions are subject to the approval of this international organization. Go about understanding how, together, we must act in order and loss was not, and that this sector is developed effectively”, – Putin said.

Deputy Prime Minister Arkady Dvorkovich, in turn, said that the creation of equal conditions for Russian and foreign players in the market the Internet-trade is the preferred option for VAT-registration (foreign company paying VAT at the place of receipt of revenue and profit). According to him, the government may submit to the state Duma a proposal in the spring session.

“We’ll try to go the way of VAT registration, to develop a regulatory framework before the end of this year. We’ll see how the system will work payments for services that are already inherent in the Tax code and hope to enter as soon as possible VAT-registration is for goods,” – said Deputy Prime Minister.