- The Russian Government has reversed proposed value-added tax (VAT) reforms for the 2026 Budget.
- Plans to introduce VAT on Russian software have been dropped.
- The reduction of the VAT exemption threshold for small businesses will be phased in more gradually.
- The threshold will decrease to RUB20m in 2026, RUB15m in 2027, and RUB10m in 2028 instead of dropping to RUB10m immediately.
- These changes were announced on November 6, 2025.
Source: answerconnect.cch.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.
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