- From January 1, 2026, the main VAT rate in Russia will increase to 22% for all goods, services, and property rights, regardless of contract date or terms.
- The Federal Tax Service (FNS) has issued recommendations for transitioning from the 20% to the 22% VAT rate, referencing previous guidance from 2018.
- Specific scenarios addressed include advance payments, price changes, invoice corrections, and returns involving goods or services delivered before January 1, 2026.
- Tax agents should follow the approaches outlined in the referenced 2018 FNS letter for compliance.
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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