Putin signs amendments to the Tax Code

Moscow. November 28. INTERFAX.RU – President of the Russian Federation, Vladimir Putin, signed a document implementing certain provisions of the main directions of tax policy for 2026-2028. The document was part of a package of budget laws and has been published on the official legal information portal. The approved amendments increase the VAT rate from 20% to 22% starting in 2026. There is a gradual reduction of the maximum income for taxpayers to transition from the simplified taxation system to VAT payment: 20 million rubles in 2026, 15 million rubles in 2027, and 10 million rubles from 2028. Regarding excise taxes, there will be an increase in rates for alcohol, wine, tobacco, nicotine, and sugar-containing products in 2026-2027.