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ORDER OF THE GOVERNMENT OF THE RUSSIAN FEDERATION

of August 31, 2013 No. 757

About application of rate of the value added tax in the amount of 0 percent in case of sales of goods (works, services), the property rights acquired for the purposes of the organization and holding the XXII Olympic winter Games and the XI Paralympic Winter Games of 2014 in the city of Sochi by the organizations which are foreign organizers of the XXII Olympic winter Games and the XI Paralympic Winter Games of 2014 in the city of Sochi, foreign marketing partners of the International Olympic Committee including the official broadcasting companies, and also branches, representations in the Russian Federation of the foreign organizations which are marketing partners of the International Olympic Committee including the official broadcasting companies

According to the subitem 14 of Item 1 of article 164 of the Tax Code of the Russian Federation the Government of the Russian Federation decides:

1. Approve the enclosed Rules of application of rate of the value added tax in the amount of 0 percent in case of sales of goods (works, services), the property rights acquired for the purposes of the organization and holding the XXII Olympic winter Games and the XI Paralympic Winter Games of 2014 in the city of Sochi by the organizations which are foreign organizers of the XXII Olympic winter Games and the XI Paralympic Winter Games of 2014 in the city of Sochi, foreign marketing partners of the International Olympic Committee including the official broadcasting companies, and also branches, representations in the Russian Federation of the foreign organizations which are marketing partners of the International Olympic Committee including the official broadcasting companies.

2. This resolution becomes effective after one month from the date of its official publication, but not earlier than the 1st of the next tax period on the value added tax.

The rules approved by this resolution are applied to the legal relationship which arose since January 1, 2011.

Russian Prime Minister

D. Medvedev

 

Approved by the Order of the Government of the Russian Federation of August 31, 2013 No. 757

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