Zero rate of value added tax on the expanded list of services in Russian hotels from September 1, 2024
As part of the ongoing efforts to support the tourism industry, the Government of the Russian Federation is making changes to the taxation of services provided in hotels and hotels. Starting from September 1, 2024, a zero rate of value added tax (VAT) has been introduced for a number of services, which should contribute to the more active development of tourist infrastructure and the creation of attractive offers for vacationers. The innovation affects a wide range of services in the hotel sector, which will now be exempt from VAT. These services include: Gym services Spa services, including access to the pool Cosmetic procedures Visit to the bathhouse Internet access services Rent of conference rooms Secure parking services These measures are aimed at improving the competitiveness of hotels, increasing their attractiveness…