Indirect taxes are among the most complex and controversial tax, which require a deep knowledge not only in legislation but also at the established business practice of the specific application. These taxes have a significant impact on cash flows. The share of VAT in total taxed revenue in the budget of Russian companies is very significant. In this regard, the tax authorities pay particular attention with tax audits.
Customs duties are the main expense for companies engaged in foreign economic activities. Administrative regulations on export-import operations also have a great influence on the activities to the tax payer.
Despite the fact that indirect taxes are present in the tax systems of many countries, the differences in calculating these taxes are considerable.
Thorough knowledge of indirect taxation both Russia and foreign countries West Union’s employees manage to provide quality services in this area, which include:
(Ii) Customs legislation