Russia President Posts Law Amending Tax Code

The Russian President’s Office May 29 posted online Law No. 100-FZ, amending the Tax Code. The law includes measures: 1) providing information regarding the registration and deregistration of foreign entities; 2) clarifying which provisions do not apply to goods of the Eurasian Economic Union that are sold to individuals through electronic trading platforms; 3) establishing the tax calculation procedure for foreign sellers, foreign intermediaries, and national intermediaries, based on a 16.67 percent tax rate, or a 9.09 percent tax rate under specified circumstances; 4) explaining that when conducting a VAT return audit, the Tax Authority has the right to request ...