Turkish President Recep Tayyip Erdogan announced a reduction in VAT on basic food products from 8% to 1% to fight inflation and support the population of the republic. He noted that the panic caused by exchange rate fluctuations in the …
The year 2019 marks changes in various areas of the country's life. Among other things, a slew of amendments to Russia’s Tax Code concerning both individuals and legal entities come into force starting from January 1, 2019. …
The advisor on macroeconomics to the CEO of the 'Opening-Broker' brokerage house on how the VAT rate hike will affect the Russian economy
Russian Prime Minister Dmitry Medvedev said the retirement age and value-added tax (VAT) will be raised in Russia. The PM said that the Russian government proposed to raise the retirement age to 65 for men …
Russia is considering raising value added tax but lowering mandatory social security payments, the country's Finance Minister Anton Siluanov said today, speaking at an economic conference in Moscow. Siluanov said …
Russia’s Economic Development and Finance Ministries have agreed that they will have to cut taxation of labor and compensate budget losses by higher indirect taxes like value-added tax (VAT) in order to support the economy, Vedomosti …
At present the Azerbaijani authorities are considering the possibility of exempting pharmacies from paying VAT, the Deputy Prime Minister of the Republic, Ali Ahmadov, said. He noted that in some countries …
