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Russian Duma Approves Bill Lowering VAT Thresholds, Extending Tax Relief, and Zero-Rate Excise Tax

  • State Duma approved a tax policy bill.
  • The bill lowers the VAT income threshold for simplified and patent regimes to 20 million rubles in 2026, 15 million in 2027, and 10 million from 2028.
  • Introduces a zero-rate excise tax on specified denatured ethyl alcohol.
  • Extends special late payment penalty calculations and accelerated VAT refund procedures for 2026.
  • Extends norms to help businesses affected by suspended double tax agreements (DTAs).

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.



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