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Russian Finance Ministry Proposes VAT on Foreign Marketplace Purchases Starting 2027

  • The Russian Ministry of Finance plans to introduce VAT on foreign marketplace purchases.
  • Draft amendments to the Tax Code have been prepared for this purpose.
  • VAT rates are proposed to increase from 5% in 2027 to 20% by 2030.
  • The tax applies to those recognized as VAT taxpayers for goods crossing the Eurasian Economic Union border.

Source: akm.ru

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.



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