- Law No. 362-FZ was published in The Russian Official Gazette on Oct. 29
- The law amends part two of the tax code to provide various tax measures
- One measure includes imposing a 10 percent VAT on breeding product sales
- Another measure allows VAT deductions on goods and services acquired before Jan. 1, 2025
Source: news.bloombergtax.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Russia"
- Russian Finance Ministry Clarifies State Contract Execution Rules Amid VAT Increase to 22% in 2026
- How Construction Contract Procedures Will Change After the VAT Increase in 2026
- Kremlin Confident in Central Bank’s Inflation Control Amid VAT Hike and Economic Pressures
- Russian Businesses Raise Prices as VAT Hike and War Spending Fuel Inflation Surge
- Expert Predicts Possible Decline in Crimean Tourism in 2026 Due to Economic Factors













