Putin instructs to set zero VAT on air traffic to and from Russia’s Crimea from June 1

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Russian President Vladimir Putin has instructed the country’s government to set a zero VAT (value-added tax) rate for air traffic to and from the Russian Republic of Crimea starting from June 1.

“To set a zero VAT rate for fulfilment of services over air delivery of passengers and their luggage in the Crimean federal district and back,” the Russian president said in his instruction posted on the Kremlin website on Tuesday.

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