Sunday, July 17, 2016

Tax Service of Russia has created a service for the payment of “tax on Google» – The Russian Times

The Federal Tax Service (FTS) of Russia has developed the service “VAT Internet company office” with which foreign IT-companies will be able to remotely pay so-called “tax on Google.” Service was presented on Friday the head of the Federal Tax Service Mikhail Mishustin at a meeting with representatives of the IT-industry. The event was organized by the Federal Tax Service of Russia jointly with the Institute of development of the Internet and of the State Duma Committee on Information Policy.

service will start on 1 January 2017, when the Act came into force on “Tax on Google», obliging foreign IT companies to pay value added tax for sales in Russia of digital content, software, storage, services, and information processing, as well as domain registration and hosting. For tax companies must register with the tax office.

Designed service will be translated into English and other languages. It is also planned to carry out a broad information campaign to foreign companies learned about the new law. On Tax Service website has organized a forum devoted to the issues of taxation, taking into account the adopted law. Procedure for payment of taxes Russian companies will not change.

The deputy head of the Federal Tax Service Dmitry Satin confirmed the existence of such plans. “If you go to the store, then you present a VAT included in the price. When buying the same goods on foreign internet sites, this tax is not. There should be used exactly the same approach, should pay VAT in the country of consumption “, – he explained

Earlier, the authorities raised the issue of reduction of the duty-free threshold.. Satin said, what should be done so as not to harm the customers.

He said that now there are several options for the adjustment approaches the working conditions of Russian and foreign vendors. At this point, according to Aa, they are in an unequal situation.


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