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The law released from VAT realization of waste paper was signed

President of Russian Federation Vladimir Vladimirovich Putin signed federal law “About amendments in the article 149 of part two The Russian Tax Code”.

The document releases from the value added tax all operation for realization pf waste paper on the territory of Russian Federation.
The law was created with State Duma May 20 and was approved with Federation Council May 25, 2016.  
Besides, this law determines the idea “waste paper” for the purpose of tax assessment. The item waste paper includes paper and board waste of production and using, board, typographical products, business paper including time-expired documents. The law was released according to import substitution programme in Russia.
According to the material of new portal eg-online .ru


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