Russia’s State Duma has approved a bill that temporarily exempts self‑employed and small food‑and‑dining businesses from value‑added tax until the end of 2026. The measure rolls back part of a January reform that raised the standard VAT rate to 22% and lowered the income threshold for small businesses. The bill is pending presidential signature and aims to prevent business closures amid wartime economic pressures.
Self‑employed and small businesses in the food and dining sectors that use simplified or patent tax systems and meet specified revenue and employment criteria.
The exemption is valid until the end of 2026.
The standard VAT rate was raised to 22% in January 2026.
It aims to ease wartime tax burden and prevent business closures in the food industry.
It has passed the State Duma, is pending signature by President Putin, and will become law once signed.
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CoinSpot · 8 days ago
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CryptoPolitan · 9 days ago
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EADaily · 2 months ago
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