Finance Ministry has prepared

The Finance Ministry has prepared a bill to impose tax free

The Finance Ministry has developed a draft law on the procedure for granting foreign nationals the right to a refund of VAT on purchases made in the territory of Russia (tax free). The document supported the Ministry of Economic Development.

Appropriate amendments be introduced to article 88 and Chapter 21 of the Tax Code of the Russian Federation, told "Interfax" a source familiar with the document.

The right to reclaim the VAT paid on the purchase of goods in the trade organizations on the territory of the Russian Federation, foreign citizens will receive non-Eurasian Economic Union, on presentation of passport, and subject to the export of these purchases outside the customs territory of the EAEC through the checkpoints across the state border of the Russian Federation. A list of such items, the Russian government will approve separately. Foreign citizens can get tax calculated shop where the goods were purchased, tax less the cost of services for its payment. It is expected that the service will be able to pay the tax to provide trade organizations or other organizations, acting in agreement with them.

VAT refund will not apply to excise goods, with the exception of alcoholic beverages.

The document confirming the right of physical persons in the VAT return to be a check for payment of the tax with the mark of the customs authority of the Russian Federation. List of trade organizations, which will have the right to issue such checks, approves the Ministry of Industry.

A check will be issued in a single copy by the purchaser, the sale, within one day of the goods in an amount not less than 10 thousand. Rubles.

A check for payment of the tax will be issued on the basis of cash receipts, printed on the same day with the use of check-out equipment, installation location that corresponds to the location of a store included in the list. It identifies the serial number and the date of compiling the check the serial number and date of receipt, name, address and store the identification number of goods sold, surname, name and patronymic of physical persons, passport number, country of issue, name, quantity and value of goods, the amount of tax, the bar code to identify the number of the check.

Get a tax refund of physical persons will be able, within three years from the date of purchase of the goods subject to export them within three months from the date of purchase.

The bill also provides for trade organizations deduction of VAT which has been numbered of them for individuals who have received tax free.

In the case of the adoption of the law will come into force one month after its official publication, but not earlier than the 1st day of the next tax period for VAT.

The Ministry of Finance estimated the additional costs of the federal budget for VAT refunds to foreign nationals in the 150? 200 million rubles a year. FCS expenses for the introduction of tax free amount to about 50 million rubles, the Federal Tax Service - 213 150 000 rubles at a time, and 94.22 million rubles annually. To compensate for budget expenditures is expected due to the increase of the tourist flow and the growth of retail turnover.

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