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Russian Federation: Two tax measures that have the purpose to improve the financial situation of the domestic land and air transportation industry

Description

Firstly, Federal Law No. 83 decreases from 18% to 10% the VAT rate on the domestic air transportation of luggage and passengers until 31 December 2017. Secondly, Federal Law No. 83 abolishes the VAT ...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

07 Apr 2015

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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