Introduction of a zero rate of the VAT for tourist objects estimated in Kaliningrad

Government of the Russian Federation within the <7> Tourism and hospitality industry national project made the decision to nullify the VAT for five years for infrastructure in the tourist's industry. It will work five years from the moment of input of these objects in operation, including after reconstruction. Owners of already existing hotels and other means of placement also will be able to receive the preferential VAT. For them the rate will work till June 30, 2027. The minister of culture and tourism Kaliningrad Region Andrey Yermak noted that introduction of a zero rate of the VAT for tourist objects — a serious measure of support...