Russian President Vladimir Putin has signed the Federal Law "On Amendments to Parts One and Two of the Tax Code of the Russian Federation, Certain Legislative Acts of the Russian Federation and the Invalidation of Legislative Acts (Certain Provisions of Legislative Acts) of the Russian Federation." This is reported on the Kremlin's website.
According to the law, starting from January 1, 2026, VAT increases to 22% from 20%. It provides for a phased reduction in the income threshold for VAT payments in the simplified and patent taxation system. In 2026, the income threshold will be 20 million rubles, in 2027 – 15 million rubles, and starting in 2028 – 10 million rubles.
The privilege in the form of exemption from corporate income tax on the income of gambling organizers in bookmakers and sweepstakes has been abolished. The procedure for calculating and paying gambling tax is being clarified, including setting the tax rate for this tax for taxpayers engaged in entrepreneurial activities for organizing and conducting gambling in bookmakers and sweepstakes in the amount of 7% of income reduced by the amount of winnings paid.
The law indexed excise tax rates for excisable goods. The procedure for calculating and paying the tax on the extraction of minerals and the tax on additional income from the extraction of hydrocarbons has been clarified.
For organizations operating in the field of information technology, it is envisaged to apply a reduced insurance premium rate of 15% within the established single limit value of the base for calculating insurance premiums and in the amount of 7.6% above the specified limit value.
The law established reduced insurance premium rates for SMEs whose main economic activity is one of the types of economic activity provided for by the All-Russian Classifier of Economic Activities, according to the list approved by the Government of the Russian Federation.
In addition, a technological fee is set to be paid from electronic component bases or industrial products containing electronic component bases imported into the Russian Federation or manufactured on the territory of Russia, on the continental shelf of the Russian Federation, in the exclusive economic zone of the Russian Federation.
