Russian State Duma Increases VAT to 22% in 1st Reading

NAMPA / Sputnik
2025-10-22
MOSCOW, October 22 (RIA Novosti) - The Russian State Duma adopted in the first reading a bill that, among other things, increases the value-added tax (VAT) to 22% from 2026, while maintaining a preferential rate of 10% for all socially significant goods. The bill, in particular, increases the VAT rate from 20% to 22% from January 1, 2026, while maintaining the rate at 10% for all socially significant goods. These include food, medicines and medic......
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