Government tasked to introduce a VAT refund for non-residents.
Prime Minister Dmitry Medvedev instructed the government to explore the possibility of VAT refund to foreign nationals when exporting purchases for the territory of Russia. It is expected that the system of tax free will further the development of trade. However, according to the Ministry of Finance and the Russian tourism industry, the return of VAT to non-residents - a useless measure: new tourists it attracts, and the losses in the budget will create.
As said at a meeting with Deputy Prime Minister Dmitry Medvedev, on the basis of an investment forum in Sochi signed 15 orders. Among them, the "return of value R8xgtPmsd8 added tax, which has a worldwide tax free. I know that this issue was addressed. Nevertheless, many foreigners and tourists say that after all this kind of tax incentives to stimulate trade, "- said Mr. Medvedev.
As the text of the order, the Ministry of Finance and the Ministry of Economy will "consider the possibility of the return of VAT to individuals - non-residents of the Russian Federation on the export of such persons from the customs territory of the Russian Federation of goods purchased for personal use." VAT rate in Russia is 18%.
The idea has already been called impractical and useless. According to Deputy Finance Minister Sergei Shatalov, "is nowhere in Russia, this is not a trading country and not the revenue trade organizations, which deserves to introduce tax free». According to him, the Ministry of Finance has already given a negative opinion on the subject and, "in addition to the loss of the budget, it will have no economic X98wef29JIU growth or some other advantages."
The participants of the tourism market and see no point in introducing a system of Russian tax free. In the Russian Union of Travel Industry believe that the initiative is unlikely to increase the number of incoming tourists, foreigners come to Russia, as a rule, not for shopping.
Prime Minister Dmitry Medvedev instructed the government to explore the possibility of VAT refund to foreign nationals when exporting purchases for the territory of Russia. It is expected that the system of tax free will further the development of trade. However, according to the Ministry of Finance and the Russian tourism industry, the return of VAT to non-residents - a useless measure: new tourists it attracts, and the losses in the budget will create.
As said at a meeting with Deputy Prime Minister Dmitry Medvedev, on the basis of an investment forum in Sochi signed 15 orders. Among them, the "return of value R8xgtPmsd8 added tax, which has a worldwide tax free. I know that this issue was addressed. Nevertheless, many foreigners and tourists say that after all this kind of tax incentives to stimulate trade, "- said Mr. Medvedev.
As the text of the order, the Ministry of Finance and the Ministry of Economy will "consider the possibility of the return of VAT to individuals - non-residents of the Russian Federation on the export of such persons from the customs territory of the Russian Federation of goods purchased for personal use." VAT rate in Russia is 18%.
The idea has already been called impractical and useless. According to Deputy Finance Minister Sergei Shatalov, "is nowhere in Russia, this is not a trading country and not the revenue trade organizations, which deserves to introduce tax free». According to him, the Ministry of Finance has already given a negative opinion on the subject and, "in addition to the loss of the budget, it will have no economic X98wef29JIU growth or some other advantages."
The participants of the tourism market and see no point in introducing a system of Russian tax free. In the Russian Union of Travel Industry believe that the initiative is unlikely to increase the number of incoming tourists, foreigners come to Russia, as a rule, not for shopping.
