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tax news
by Svetlana Suhorukova

Ukrainian “Google TAX”

On June 28, 2021, President of Ukraine Volodymyr Zelensky signed the law on taxation of electronic services for non-residents. Now electronic services provided to individuals on the territory of Ukraine by such companies as Google, Viber, Amazon will be subject to VAT of 20%. Foreign companies should be included in a special list. Worth saying,
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VAT
by Svetlana Suhorukova

Tax deduction for the Tokio Olympics 2021

We hope that the Olympic Games will be held in Tokyo in the summer of 2021, despite the pandemic. In connection with the holding of the Olympics, the Japanese authorities suggest to individuals, as well as organizations associated with the organization of these events, the possibility of a tax deduction of Japanese consumer tax. Also,
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Product Labeling
by Svetlana Suhorukova

Labeling captures new fields

Labeling captures new fields. Since June, labeling for the categories “ice cream” has been introduced. Since September 1, 2021, the labeling has been mandatory for bicycles and bicycle frames. At the same time, experiments will be conducted on the labeling of wheelchairs, bottled water and beer-in the future, it will also become mandatory.
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VAT
by Svetlana Suhorukova

VAT refund for UEFA 2020 organizers

In July, in Sankt-Petersburg the Russian Federation will host the 2020 UEFA European Football Championship, UEFA Euro 2020. The organization and conduct of championship traditionally attract a large number of foreign sports, marketing, and other organizations. Most companies participating in the UEFA sports events will face incurred costs in Russia (accommodation, technical costs, local purchases
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