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Change in VAT for Russian businesses billed by international organizations

Last Modified 2022-10-13

Starting from October 1, 2022, Russian regulation mandates billing to Russian businesses from international organizations are to be charged without value-added tax (0% VAT). We are currently working on a solution to reflect the correct VAT amount on your invoices. While we work to implement this change, partners and customers may pay invoices at the stated amount. Corrections will then be applied to your next invoice in the form of a tax credit. More information on this will be shared in due time, and we appreciate your patience.

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