Support The Moscow Times!
Contribute today

Articles with tag "Tax"

News Analysis

Here's How Russia Plans to Pay for the Ukraine War in 2027

Moscow is planning higher taxes, more borrowing and cuts to national health programs to help it fund its record defense spending.
opinion An Anonymous Writer in Russia

I Just Bought a Loaf of Bread. Am I Complicit In the Kremlin’s Actions?

A Russian considers whether their compatriots are to blame for enabling Moscow's military actions through the taxes they pay into the budget.
3 Min read

Finance Ministry Unveils 2027 Budget Draft With Fresh Tax Hikes to Fund War Deficit

The proposed tax hikes come just weeks after the Kremlin insisted that officials were not discussing any further increases.
3 Min read

Russian Chip Importer CEO Jailed in $1.8M Tax Evasion Case

The arrest follows a series of investigations involving Russian companies and officials connected to military procurement.
2 Min read

State Duma Passes Bill Delaying VAT Tax Hikes for Small Businesses

Under the legislation, small businesses using Russia’s simplified tax system would only have to pay the national value-added tax if their revenue exceeds...
2 Min read

Russian Tax Relief to Bypass 1.5M Small Businesses on Patent Regime

The number of businesses benefiting from the VAT threshold freeze will be significantly smaller than the number excluded from the measure.
3 Min read
opinion Tatyana Rybakova

Playing by the Rules Won't Protect Russian Business Owners From the Kremlin's Shakedown

With tax hikes having failed to make up for Russia's budget deficit, the authorities are targeting small businesses that are acting legitimately.
5 Min read

Russia’s Small Businesses Slide Into Losses After Tax Hikes, Surveys Show

The findings suggest that tax changes introduced at the start of 2026 are squeezing smaller companies while also delivering weaker-than-expected tax revenues...
2 Min read

Russian Law Enforcement Busts $13.2Bln Tax Evasion Operation

Officials said the operation utilized thousands of shell companies to generate more than $13.2 billion in fraudulent deductions.
1 Min read

State Duma Passes VAT Exemption for Food Industry to Ease Wartime Tax Burden

The legislation, if signed into law, would effectively roll back part of a government tax reform implemented in January, which raised the standard VAT...
2 Min read

Russia’s Largest Business Lobby Says It’s Open to Windfall Tax to Plug Budget Gap

“All the mechanisms are already in the tax code. The only issue is that there aren’t any profits. Many companies are operating at a loss,” RSPP President...
2 Min read

Russian Businesses Hike Prices in Response to VAT Increase

Businesses are passing on the costs of new tax increases that took effect this month down to their customers.
2 Min read

Russia’s Customs Revenues Fall 20% in 2025, Deepening Budget Shortfall

The shortfall reflects weaker trade volumes amid falling commodity prices and the impact of restrictive measures, analysts said.
2 Min read

Russia’s Economy in 2026: More War, Slower Growth and Higher Taxes

The economy is likely to slide from a phase of “managed cooling” into outright stagnation this year, with recovery unlikely before 2027.
4 Min read

Putin Signs Law Raising Russia’s Value-Added Tax to 22%

Businesses have indicated they plan to pass the increase onto consumers, who have already been strained in recent years by surging inflation.
1 Min read

Russia to Slow VAT Threshold Cut for Small Businesses After Backlash

This comes amid alarm among entrepreneurs and business lobbies who say that small firms could be forced to shut down or move into the shadow economy.
2 Min read

Russia’s Oil Revenues Plunge 27% Year-on-Year in October

Falling crude prices, a stronger ruble and tightening Western sanctions continue to cut into oil and gas revenue that is critical to Russia’s federal...
2 Min read

Kursk Residents Still Paying Taxes on Property Destroyed by War

Residents say their documentation is enough to receive a certificate for temporary housing from the government, but not enough to stop paying taxes.
2 Min read

Most Russian Businesses Plan to Raise Prices as Tax Hike Looms – Survey

The government's proposal to raise the VAT rate and lower the annual revenue threshold for VAT payments has put small businesses under pressure.
2 Min read

Russia's Planned Tax Hike Would Put Hundreds of Thousands of Small Businesses at Risk of Closure, Lawmaker Warns

The head of the New People party said the proposal to lower the annual revenue threshold for VAT would hit small and medium-sized enterprises in the regions...
2 Min read
View more articles