Within the Eurasian Economic Union (EEU), combining Kazakhstan, Russia, Belarus, Kyrgyzstan and Armenia, there are general principles for collecting value added tax (VAT) in mutual trade. At the same time, each country implements its own mechanisms for administration and digital control of taxation.
The key element of the system was the transition to the obligatory use of electronic invoices and integration with the mutual trade accounting information system for the Republic of Kazakhstan. It allows for transparency of transactions and simplification of tax control. The Russian Federation and the Republic of Belarus use more advanced digital solutions, including product traceability systems. In turn, the Kyrgyz Republic and the Republic of Armenia are at the stage of convergence of national procedures with the approaches of the other EEU member states.
VAT rates vary in the countries of the Union: Kazakhstan and Kyrgyzstan have a 12% rate, while Russia, Belarus and Armenia have 20%.
The Eurasian Economic Commission (EEC) is considering creation of a unified digital VAT accounting platform within the EEU To eliminate administrative barriers and increase the effectiveness of tax control. Implementation of this initiative makes it possible to unify administration, increase the trust level between the tax authorities of the member states and improve business conditions in the territory of the union.
Office of VAT administration
within EEU of SRD of EKR