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The Government of the Russian Federation does not intend to extend the VAT preference on pedigree cattle

19 Oct 2020

• 19 Oct 10:36

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The Government of the Russian Federation does not intend to extend the VAT preference on pedigree cattle.This is stated by the Publishing House Sphere with reference to Interfax. The return of VAT payments from January 1, 2021, when selling and charging VAT for pedigree cattle imports, will give the Russian budget additional revenues in 2021-2023. in the amount of 16.6 billion rubles, as can be seen from the draft budget submitted to the State Duma. Earlier, deputies recommended the Russian government to meet the farmers’ desire and extend this preference. Zero VAT was introduced on October 1, 2016, this benefit is valid until December 31, 2020. From January 1, 2021,. Read more...