Google, Apple, Microsoft, Facebook, LinkedIn, Netflix, Bloomberg, the Financial Times, and Turkish payment service provider Payby.me, among others will start
paying 18% value added tax (VAT), "known as the ‘Google tax’ in Russia," reports business daily Vedomosti. There are more than 100 companies that will pay the tax, per the media
outlet. The registration service will enforce a VAT on the sale of virtual goods in Russia, which the country calls "Google tax."Read the whole story at Vedomosti »
