• Effective January 1, 2025, Russia introduced a new tourist tax, replacing the earlier resort fee.
• This initiative, implemented through amendments to the Russian Tax Code, aims to strengthen regional tourism infrastructure.
• The phased plan will initially charge travelers 1% of their lodging costs, with the rate set to increase to 3% by 2027.
• The tax applies to hotels and other accommodations, with costs indirectly passed to tourists.
• Regional authorities are empowered to implement this as a local levy, making it a key step in enhancing Russia’s tourism landscape.

Date: Current Affairs - 03-01-2025
Category: International

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