News

Russia cuts VAT on breeding cattle

07/07/2016

Russian President Vladimir Putin has abolished the 10% VAT rate on breeding cattle and breeding material until January 2021, according to local media reports.  Representatives of the government said the move would support the country’s meat and dairy producers and allow them to inject extra investment into their business. Arkadi Ponomarev, a...

To continue reading this story, please sign in or register.