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Articles with tag "Tax"
opinion
Tatyana Rybakova
How the Kremlin Decided to Sacrifice Small Business to Pay for War
Desperate to fund the war as the economy flags, the Kremlin is piling pressure on entrepreneurs. Here's the story of one man pondering his future.
More Taxes for More War: Unpacking Russia’s 2026 Budget
The proposed budget underscores the Kremlin’s resolve to press on with the war — even if it means higher costs for businesses and consumers.
6 Min read
Russia’s Planned VAT Hike Expected to Push Inflation Higher, Finance Ministry Says
Officials proposed raising the value-added tax from 20% to 22% starting next year to help close a widening budget deficit amid record military spending...
2 Min read
Russia Plans Steeper Utility Tariff Hikes in 2026-2028, Outpacing Inflation
Economists warned that tariffs will continue to rise faster than inflation as the government seeks to fund upgrades to aging infrastructure.
2 Min read
Russia Moves to Raise VAT by 2% as Budget Deficit Swells
The proposed increase comes as the Finance Ministry now forecasts GDP growth slowing to 1% this year, down from an earlier 2.5% estimate.
3 Min read
Russia Eyes New Tax Hikes, Spending Cuts to Sustain Record Defense Spending – Reuters
“We simply won’t be able to make ends meet, even with a reduction in defense spending,” an unnamed government source said.
2 Min read
Russia Moves to Allow Tax Debt Collection Without Court Approval
Around 23 million Russians, nearly a quarter of the working-age population, currently owe taxes.
2 Min read
1 in 3 Russians Support Unemployment Tax – State Poll
The proposal, long debated in government circles, comes as Russia contends with a shrinking labor force and rising wartime expenditures.
2 Min read
Russia Moves to Enable Out-of-Court Tax Debt Collection for Millions of Citizens
The procedural shift appears aimed at boosting state revenues as the country grapples with a widening budget deficit and declining tax receipts.
2 Min read
Russia Targets Emigres in Kazakhstan With Back Tax Demands
Thousands of Russians relocated to Kazakhstan and other neighboring countries in 2022 following the invasion of Ukraine.
2 Min read
Russian Police Accuse Dubai-Based Instagram Influencer of Tax Evasion
Influencer Inna Tliashinova, who advertises herself as an “expert on subconsciousness,” owes $5.3 million in back taxes and fines, authorities said...
2 Min read
Putin Signs Law on Cryptocurrency Tax
The new regulations come as Russia seeks new sources of income, and to better regulate its sprawling cryptocurrency industry.
1 Min read
Russia’s Tax Revenue From Occupied Ukrainian Regions Tops 2023 Levels
Russia still plans to continue pouring billions of dollars in subsidies into the regions, according to its draft federal budget.
1 Min read
Russia Is Preparing New Tax Hikes. Here’s Why.
As military spending soars, the Finance Ministry seeks to move away from the flat income tax that was long a cornerstone of Putin’s economic policy.
5 Min read
Russia Probing Widespread Fraud in Mariupol Reconstruction
Dozens of companies in occupied Mariupol have been involved in schemes to avoid paying VAT, The Moscow Times’ Russian service reported.
2 Min read
Kremlin Exempts Duma Deputies Visiting War Zone From Filing Tax Returns
State Duma deputies visiting occupied Ukraine on official business will not have to submit tax returns this year.
1 Min read
Russia Moves to End Tax Deal With 'Unfriendly' Countries
Their statement follows an EU decision this week to add Russia to its tax-haven blacklist.
1 Min read
EU Adds Russia to Its Tax Haven Blacklist
The European Union added Russia to its tax haven blacklist on Tuesday, the latest in a series of economic and diplomatic measures taken against...
1 Min read
Russia Weighs Wartime Tax Increase – Report
Russia could increase taxes for the first time since the invasion of Ukraine to help plug a hole in the state budget, independent media outlet The Bell...
Kremlin Officials to File Anonymous Tax Returns – Vedomosti
Kremlin officials and Russian cabinet members will file anonymous tax returns, Russia’s Vedomosti business newspaper reported Wednesday, citing unnamed...
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