The State Duma proposed to amend the Tax Code, abolishing VAT for retail chains on products with an expiring shelf life, which are distributed to charity. The corresponding bill was developed by the deputies of the Liberal Democratic Party, writes on Wednesday, June 28, the newspaper Izvestia.
“At the stage of retail trade and consumption, the annual loss of food products in the Russian Federation is about a fifth of the volume of their production.
This phenomenon is caused by various factors – from natural and climatic and weather to human, expressed in violations of storage conditions, ”the explanatory note says.
The parliamentarians added that attempts to solve this problem “are made regularly, but so far it persists.” According to the deputies, the gratuitous transfer of such goods to the population could be an effective measure, but this is unprofitable for retail chains, since now they have the right not to pay VAT only on discarded products that have already expired.
“The bill is aimed at excluding expired food products from the list of objects of taxation, which will allow them to be exempted from VAT in case of gratuitous transfer to third parties.
Thus, the problem of the subsequent processing of this category of goods and their shortage among certain social groups will be simultaneously solved, ”the text follows.
The authors of the initiative propose to exclude from the list of goods that can be transferred to the population, children’s and diet food, as well as alcohol.
The press service of the LDPR faction reported that the draft law was sent for review to the Russian government. The amendments are ready to be supported in the relevant committees of the State Duma.
In September 2022, the head of the Ministry of Industry and Trade Denis Manturov said that the Ministry of Industry and Trade and the Ministry of Finance were working on the issue of tax conditions for foodsharing, recalls TASS.
In July, Deputy Head of the Ministry of Industry and Trade Viktor Yevtukhov stated that the tax burden for retail chains in the event that food is disposed of or donated to charity should be equalized.
According to current regulations, when disposing of unsold goods, the seller receives an input VAT deduction, but the transfer of the same goods to charity leads to the loss of the right to deduct VAT.
Thus, it is still more profitable to throw away or dispose of an unsold, but quite usable product, than simply donating it for free to charity, Evtukhov explained.
How much do Russians spend on food…
The average spending of Russians over the past week decreased by 0.9% and amounted to 5893 rubles. The annual growth of the index reached 4%, Romir calculated.
The index of the average ticket amounted to 724 rubles, which is 1.2% less than in the previous week, and 4.6% more in annual terms.
…and how they assess their financial situation
26% of Russians call their financial situation good, 55% consider it average, 18% of the respondents of the Public Opinion Foundation assess it as bad.
10% of Russians noted an improvement in their financial situation in the last two or three months, 19% worsened, 71% of the respondents do not observe any changes.
24% of Russians expect their financial situation to improve in the next year, 14% – to get worse. 43% of respondents believe that no major changes are expected in the coming year.