The Government of the Russian Federation has approved and submitted to the State Duma draft amendments to Articles 164 and 165 of the Tax Code of the Russian Federation on the zero VAT rate for carriers on the Moscow —St. Petersburg high-speed railway. This is stated in the message of the Ministry of Finance.
The zero VAT rate for the transportation of passengers and baggage, as well as for the organization of such transportation on the Moscow —St. Petersburg HSR, will be established from January 1, 2028. The zero rate will be valid until January 1, 2065.
The Moscow—St. Petersburg high-speed railway is scheduled to be launched in mid-2028.
