- The Russian government will retain the VAT exemption for domestic software developers.
- Plans to remove this tax benefit from the Tax Code were abandoned after industry backlash.
- The exemption applies to software and databases listed in official Russian registries, including updates and additional features.
- The decision aims to support the continued growth and development of the domestic IT sector.
Source: garant.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.
Latest Posts in "Russia"
- Russian Tax Service Issues New VAT Guidelines for Simplified Tax System Payers Starting 2026
- Russian Tax Service Issues Guidelines for Transition to 22% VAT Rate from January 2026
- Russia Implements 2026 Tax Reforms: VAT Increase, New Small Business Thresholds, Exemptions Retained
- Finance Ministry Clarifies 2026 VAT Rate for Goods Prepaid and Shipped in 2025
- Russia Raises VAT to 22% in 2026 to Fund War, Pressuring Households and Businesses
