Exporters of services will be provided with a tax deduction in the Russian Federation

Companies selling goods as well as providing services abroad will be able to receive a tax deduction on value added tax (VAT), which they will pay in Russia when purchasing materials or equipment. The State Duma adopted the law on such benefits in the third reading.

Prior to the adoption of amendments to the Tax Code, business participants were at a disadvantage: on the one hand, they paid VAT on goods purchased in Russia, and, on the other hand, they could not count on a deduction, because the services they supply abroad were not taxed .

The law is designed to ease the fiscal burden for exporters - developers of software products and databases, companies that provide services in the field of construction, leasing, and engineering.

On materials of the following website: https://rg.ru/2019/04/07/eksporteram-uslug-predostaviat-novyj-nalogovyj-vychet.html