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Foodsharing from retailers can "save" about 1 million tons of food per year

The food-sharing project, launched earlier by retailers, will save about 1 million tons of food per year, said Viktor Yevtukhov, Deputy head of the Ministry of Industry and Trade of Russia.

"This is a potentially promising solution. According to available estimates, the transfer of food products with a short shelf life to charity by retail chains can save about 1 million tons of food per year and support those who, due to circumstances, need support," he said in an interview with TASS.

According to him, we are talking only about those goods that are usable in accordance with the current legislation, have valid expiration dates and the necessary quality certificates.

Now, with the usual documentation of the disposal of goods that for some reason were not sold, the input VAT is deductible for the taxpayer. Accordingly, this tax is reimbursed. But the transfer of such goods for charitable purposes will lead to the loss of the right to deduct VAT. Thus, it is still more profitable to throw away, dispose of unsold, but quite usable goods than to simply transfer it for free to charity.

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Author: Ekaterina Levina
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