Use of tax incentives regarding VAT

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Unfortunately, the legislation does not cover this issue clearly enough. Therefore, ambiguities in the interpretation and application of preferential VAT rates arise quite often.

How to avoid difficulties in this matter? First: use wording in the contract that clearly falls under preferential taxation. If you have stipulated the provision of logistics and investment services, the event planner email list situation will be controversial. Second: assess the possible risks in advance by studying the available materials of court proceedings and the Ministry of Finance's explanations on this topic.

Failure to meet delivery deadlines.

Even if the reasons for the failures are objective (customs downtime, transportation difficulties, lack of space in warehouses), the buyer or customer is interested in receiving the goods on time.

What can be done to avoid such complications? First: be sure to specify the exact delivery dates in the contract. Second: stipulate the issue of exemption from liability if there were actions of third parties (the goods were seized by customs authorities, the delay occurred due to erroneous actions of the logistics company). In such cases, if problems arise, those same third parties will be responsible for their consequences.

Deliberate distortion of wording in contracts with foreign counterparties.

In the hope of receiving tax benefits and evading the risks of currency control, businessmen often deliberately distort documentation on international projects. The practice of inspection bodies shows that such tricks are uncovered and responsibility must be borne for them. In addition, a foreign counterparty may also demand legal proceedings in the event of a dispute. Liability measures for failure to fulfill or improper fulfillment of transportation obligations are determined in accordance with the agreement of the parties, the Civil Code of the Russian Federation, transport regulations, codes (as prescribed by Article 793 of the Civil Code of the Russian Federation).

How to avoid such complications? The content of international contracts should not be distorted.

Damage to goods.

During international transportation, goods may be damaged at the stages of packaging, handling, transportation, etc. Insurance against the risks of damage to cargo or its loss will allow you to compensate for losses in the event of such situations.