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Reserve Fund of the Association of Outbound Tour Operators


The reserve fund of the association of outbound tour operators is funds received by the association of outbound tour operators... in the form of contributions transferred to the reserve fund of the association of outbound tour operators and the personal liability funds of outbound tour operators, intended for financing expenses provided for by the aforementioned Federal law, including providing emergency assistance to tourists and compensating actual damage caused to tourists as a result of non-performance by the tour operator of obligations under the contract for the implementation of an outbound tourism product1.

  1. Tax Code of the Russian Federation, as amended on 2020-05-21, Article 251, subpara. 18 // RSZ RF. 2000. No. 32. Art. 3340. ↩

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