- 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.
Latest Posts in "Russia"
- Russia to Impose Gradual VAT on Foreign Online Marketplace Goods Starting 2027
- VAT Codes for 10% Rate on Food Products Updated Effective July 2026 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
