- The State Duma Industry and Trade Committee supports introducing VAT on all imported goods sold via online marketplaces, regardless of duty-free thresholds.
- The committee aims to equalize trading terms for Russian and foreign sellers on digital platforms.
- Proposals include a full 22% VAT on foreign goods from 2027, differing from the Finance Ministry’s gradual VAT increase plan.
- Additional measures target closing regulatory gaps in cross-border trade, supporting Russian producers, and strengthening intellectual property oversight.
- Recommendations also suggest increasing subsidies for equipment leasing and expanding product labeling requirements.
Source: interfax.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"
- File Updated VAT Return for Q1 2026 Using New Form Reflecting 22% Rate and Other Changes
- Russian Tax Service Clarifies VAT, Income Tax, and Deductions in New FAQs for 2026
- Statement by President von der Leyen on the 20th package of sanctions against Russia
- Simultaneous Use of Standard and Simplified VAT Rates Is Not Allowed in Russia
- VAT Declaration Updated for Foreign Sellers of E-Services and Goods via Online Marketplaces
