22 January 2018
An important innovation with effect from January 1, concernes the zero rate of VAT for exporters: now Russian companies which supply their goods for export and provide services and perform work for the needs of exporters, have the right to refuse the application of 0% VAT. With this amendment the "wrong" invoices with VAT at 18% will now become tax-deductible. "Now the deduction of such invoices will be safe if the procedure of refusal from the zero rate is observed properly, — says Olga — Up to present it was difficult to get a deduction because the FTS, the Ministry of Finance and the Supreme court were against it."
The whole article in Russian (availavle for subscribers) is here