The value-added tax (VAT) rate for palm oil sales will increase from 10% to 20%, while the VAT rate for the sale of fruits and berries is decreasing to 10%. The changes are expected to lead to an increase in candy and confectionery prices and a decrease in fruit prices.
Source: themoscowtimes.com
Latest Posts in "Russia"
- Russia Proposes 2026 Tax Relief and Flexible Rules to Support SME Transition
- Russian Finance Ministry Explains New VAT Rate Impact on Lease Accounting Under IFRS
- Catering Businesses to Be Exempt from VAT Starting April 1 Under New Tax Law Amendments
- Are Educational Services Provided by Medical Institutions Subject to VAT?
- New VAT Return Form and Rates for Q1 2026: Updated Requirements and Control Ratios













