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Russian State Duma Approves Expansion of Reduced VAT Rate for Children's Goods

|Approved Changes|Russia
Russia

Russia's State Duma has issued a release announcing the approval of the law for the expansion of the reduced VAT rate of 10% on goods for children produced domestically. According to the release the 10% VAT rate is extended to diapers, bottles, bathtubs, playpens, children's car seats, and bicycles produced in Russia. Previously, the reduced rate was limited to children's clothing, shoes, toys…

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