- In 2026, Russia will increase the VAT rate from 20% to 22%, keeping a 10% reduced rate for socially important goods. New, lower income thresholds for small and medium businesses (SMEs) using simplified and patent tax systems will be introduced, with gradual reductions until 2028. SMEs newly subject to VAT can opt out of reduced rates in their first year. The list of deductible expenses for the simplified tax system will be expanded. Mining companies will get a 0% VAT rate when selling raw materials for refining. The law also introduces new tax benefits for businesses and citizens.
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.
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