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VAT FOR TOUR OPERATORS MAY BE CANCELED IN THE NEAR FUTURE

The draft law on the abolition of VAT for tour operators may be submitted to the Russian Government in the near future. This is reported by TASS with reference to a source. According to the news agency, a conclusion from the GPU (State Legal Department) is now expected. It is assumed that ...

DEPUTIES WILL PROTECT TOURISTS FROM TOUR OPERATORS BANKRUPTCIES

The parliamentarians of the State Duma of the Russian Federation intend to take Russian tourists under protection, providing them with new tools of financial protection in the event of bankruptcy of tour operators. For this purpose, on February 16 the profile committee of the State Duma supported a draft law, initiating the adoption of serious amendments to the current law on tourism. As the chairman of the committee, Boris Paikin said in an interview ...

SUSPENSION OF FLIGHTS TO TURKEY AND TANZANIA MAY WRECK THE BUSINESS OF TRAVEL COMPANIES

... Industry (RUTI) published resonant information about the restriction of air traffic between Russia, Turkey and Tanzania. The press service of the RUTI made it clear that the decision of the authorities could become a "control shot" for individual tour operators who may face the risk of going broke or go bankrupt because of this. We should recall that the Russian authorities explained their decision by the catastrophically increased number of cases of coronavirus infection in these countries....

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