VAT stands for value added tax.Payers of it counted as individual entrepreneurs, organizations and individuals who have been recognized as VAT payers due to the crossing of goods through the customs of the Russian Federation.
all taxpayers should be required to register with the authorized agency (tax office).
foreign branch or representative office (organization), which have in Russia a few of his units can independently choose the one particular, at the location of which will be registered (will be registered in the tax office) and already there are to file returns and pay taxall other units in the territory of Russia.Foreign institutions are required to report in writing to the tax authorities of the location of their choice of their organizations, which are on the territory of our country.
VAT rate in the Russian Federation
VAT rate may not be paid in the case of exemption from the calculation and payment of tax under the following conditions - if for three consecutive months the amount of the total revenue from services performed, work or sales of goods (butexcluding tax) does not exceed a total of 2 million. rubles.
taxed as follows:
- the transfer of property rights, the performance of any service work, as well as the sale of goods;
- transmission in the Russian territory of goods or services, as well as performing any work for personal needs, the costs of which are not deductible when income tax is calculated;
- during construction and installation work for their own use;
-with goods imported into the customs of the Russian Federation.
VAT rate does not apply to certain types of transactions that are not considered taxable.
When calculating the VAT tax period is set quarterly, and this applies to taxpayers who perform the duties of tax agents.
VAT rate in 2012 is still 0%, 10% and 18%.
At 0% tax-free goods imported under the customs regime of export, placed in a customs-free zone under the customs regime, as well as services and works directly related to the sale and production of such goods.Also, with the rate of 0% is subject to the service of transportation of both passengers and luggage, but if the point of origin or destination of the passengers are located outside the territory of the Russian Federation and transportation furnished to a single international standard traffic documents.
0% VAT rate is present in the works, goods and services in the field of space activities.It also applies to products, services or works official use of foreign diplomatic missions and equated;to build ships, which will have an international registration in the Russian registry.Full list of goods subject to VAT at the rate of 0%, you can see in the first paragraph of Article 164 of the Tax Code of the Russian Federation.
10% VAT rate in Russia is distributed food, baby items, periodicals, book products connected with the culture, science, education, and medical products, both domestic and foreign production.A more complete list at the rate of 10% can be explored in the second paragraph of Art.164 Tax Code of Russia.
In all other instances, the rate of 18%.
VAT rate of 10% and 18% is used for importing goods into the Russian customs.In cases where, according to the Tax Code, the amount of tax you need to determine the method of calculation, that define its percentage of the tax rate to the tax base, taken as 100 and an increase to the size of the tax rate.
