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Company / Laws

VAT on fruits will decrease to 10%

Legal advice 09.10.2018 at 18:46

Legal advice

Tax

the value added to the fruit will be reduced to 10%, according to

the journalists by Vice-Premier Alexei Gordeyev. According to him, the Minister

agriculture Dmitry Patrushev addressed such a request to

President Vladimir Putin and received the support of the President.

Earlier

experts predicted the growth of prices in Russia for agricultural products

the increase in the VAT rate from 18% to 20%. Now the fruit should not become more expensive.

Deputy Prime Minister

also reported that the head of state called unfair requirements

the representatives of the agrarian sector to pay 20 percent VAT

they receive government subsidies. According to Gordeyev, now

farmers will be exempt from paying this tax.