Russia divides VAT rate 2021
- Feb 19, 2020 | Richard Asquith
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Russia is to divide its VAT revenues between the federal state and regions. Mirroring systems operated in Canada, Australia and many other countries. The new measure will come into effect 1 January 2021.
A proposal is now with parliament to split the existing 20% rate as follows: 60% for the federal budget; and 40% for the regions.
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![](/content/dam/assets/photography/headshots/richard-asquith-300-min.jpg)
VP Global Indirect Tax
Richard Asquith
![](/content/dam/assets/photography/headshots/richard-asquith-300-min.jpg)
VP Global Indirect Tax
Richard Asquith
Richard Asquith is the former VP Global Indirect Tax at Avalara