Starting January 1, 2024, the VAT in Russia will increase from 20% to 22%, affecting more businesses as the threshold for exemption is lowered from 60 to 10 million rubles.

Starting January 1, 2024, the VAT in Russia will increase from 20% to 22%, affecting more businesses as the threshold for exemption is lowered from 60 to 10 million rubles.

@meduzalive 26 Sep 2025, 16:48

Russian authorities plan to raise VAT to collect 1.2 trillion rubles for financing the war in Ukraine, which may affect food prices and the Central Bank rate.

@meduzalive 26 Sep 2025, 13:49

The Russian government approved the federal budget project for 2026-2028, which includes an increase in VAT expected to collect 1.2 trillion rubles in 2026, potentially adversely affecting the welfare of citizens and private businesses.

@meduzalive 26 Sep 2025, 12:23