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Russia Raises VAT to 22% from 2026, Introduces New Tax Changes and Benefits

  • The Russian President signed a law raising VAT from 20% to 22% starting January 1, 2026, while keeping a 10% reduced rate for socially important goods.
  • Zero VAT rate remains for IT companies selling Russian software and is introduced for mining companies selling precious metal-containing products for refining.
  • A moratorium on penalties is set for small and medium businesses newly switching to VAT in 2026.
  • The income threshold for simplified tax systems and patent systems will be gradually lowered from 2026 to 2028.
  • A new technological fee on electronic products will be introduced from September 1, 2026, and new tax benefits are established for certain citizens, including participants in military operations and residents of emergency zones.

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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