Russian government reduces VAT to 10%

Polina Montag-Girmes July 02, 2015
The Russian government has reduced value-added tax (VAT) from 18% to 10%, from July 1, for Russian airlines operating domestic flights. The bill was approved by the government earlier this year to help to stabilize the carriers after they reported significant losses at the end of 2014. First-quarter...
Polina Montag-Girmes

Polina joined the Air Transport World team in 2011, covering Russian and the Commonwealth of Independent States. She studied journalism at Moscow State University and worked as a journalist for Russian business and airline publications since 2000.

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