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The Russian government has decided to gradually adjust the annual revenue threshold at which small…
The Bank of Russia is preparing a major update to the currency control system. In…
Starting in 2026, sweeping changes to the Russian tax landscape will profoundly impact businesses operating…
September was a month of big tax news. The government announced plans to raise the…
Amid increasing sanctions pressure and Russia’s response, businesses are increasingly facing numerous restrictions on financial…
The main initiatives concern an increase in VAT for the majority of goods. 1. Increase…
The Russian government has submitted a bill to the State Duma that fundamentally changes the…
On July 22, 2025, the Russian Ministry of Finance clarified in letter No. 03-03-06/1/70804 the…
A new payment system is planned for launch in Russia by the end of 2025,…
A new procedure has been introduced for collecting mandatory fees from income generated by online…
The Central Bank of Russia has lifted restrictions on investors from so-called unfriendly jurisdictions purchasing…
The tax authorities have increased oversight of international settlements involving foreign intermediaries. Russian companies have…