Russia updates list of jurisdictions for automatic CbC report exchange
The Federal Tax Service (FTS) of Russia has revised the list of jurisdictions that automatically exchange Country-by-Country (CbC) tax reports. The changes were issued in Order No. ะะ-7-17/884 on 11 December 2025. The updated list now covers 60
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Russia: Government approves list of budget expenditures using digital ruble
Russiaโs government has approved a list of budget expenditures eligible for execution with the use of the digital ruble beginning in 2025. This announcement was made on 18 December 2025. The list was developed under Federal Law No. 303-FZ of
See MoreRussia: Government approves budget forecast until 2042
Russiaโs government has approved a decree on the Budget Forecast through 2042 on 15 December 2025. The forecast sets out the characteristics and projected values of key federal budget indicators and their expected dynamics. The Budget
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Malaysia, Russia income tax treaty enters into force
The new income tax treaty between Malaysia and Russia entered into force on 3 September 2025. The agreement covers Malaysian income tax and petroleum income tax, as well as Russian corporate profit and individual income taxes. Withholding tax
See MoreRussia simplifies tax registration for foreign companies
The Russian State Duma has approved amendments to Articles 83 and 84 of the Russian Tax Code to simplify the tax registration process for foreign companies. Under the new rules, foreign organisations no longer need to submit separate applications
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Russia: President signs 2026-28 federal budget laws, introduces higher VAT rates
Russian President Vladimir Putin signed the laws on the federal budget for 2026 and the planning period of 2027โ2028, as well as the laws amending the Budget and Tax Codes and outlining the specific rules for implementing the budget system in
See MoreRussia: Government approves federal budget execution for first nine months of 2025
The Government of Russia has approved the execution of the federal budget for the first nine months of 2025, according to a report presented by Finance Minister Anton Siluanov at a Government meeting. All obligations for the period have been met.
See MoreRussia: State Duma approves 2026 tax code amendments
Russiaโs State Duma has approved amendments to the Tax Code introducing key tax measures for 2026. Draft Law No. 1026190-8 passed its third and final reading on 20 November 2025. Under the changes, the standard VAT rate rises from 20% to 22%.
See MoreRussia expands VAT exemptions for precious metal banking transactions
Russia has introduced new VAT relief measures for banking operations involving precious metals following the publication of Federal Law No. 417-FZ on 17 November 2025. The law adds two categories of transactions to the list of VAT-exempt
See MoreRussia: MoF to introduce 2026 VAT measures for marketplace sales
Russiaโs Ministry of Finance has clarified that taxpayers using the simplified taxation system can sell goods on marketplaces without paying VAT, and such transactions do not constitute a tax violation. This announcement was made on 21 November
See MoreRussia: State Duma passes major tax reform bill, introduces sector-specific measures
Russiaโs State Duma has approved in its third reading a wide-ranging tax policy bill introducing new personal income tax (PIT) benefits, expanding support for families and participants in the Special Military Operation (SMO), and revising several
See MoreRussia: State Duma approves key tax policy bill, introduces incentives for businesses and individuals
Russiaโs State Duma approved in its second reading of a bill outlining major directions of the countryโs tax policy, incorporating proposals from businesses and government agencies, and implementing directives from the President and Government
See MoreRussia: Ministry of Finance proposes removing UAE from offshore zones list
Russiaโs Ministry of Finance has proposed removing the UAE from its Special List of jurisdictions considered offshore zones for the period 2024 to 2026. The list covers countries and territories with preferential tax regimes or limited
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Russia: Government approves budget amendments for second reading
The Russian Government has approved a wide-ranging package of amendments to the draft federal budget for 2026โ2028 and to the Budget and Tax Codes for the second reading on 6 November 2025. The revised proposals, presented by Finance Minister
See MoreRussia: State-owned companies to introduce long-term executive incentive schemes
The Russian government has approved the introduction of long-term incentive programs (LTIPs) for top executives in publicly traded companies with state participation, following a proposal from the Ministry of Finance. This announcement was made
See MoreRussia introduces law allowing financial platforms operators to act as parties in financial transactions involving securities, digital rights they issue
Regfollower Deskย The President of Russia has signed a new law permitting operators of financial platforms to act as parties in financial transactions involving securities and digital rights they issue. The legislation also expands the list
See MoreRussia: MoF outlines key provisions for implementing 2026 federal budget, publishes 2027โ2028 planned period
Regfollower Deskย Russiaโs Ministry of Finance (MoF) has published a draft resolution outlining key provisions for implementing the federal budget in 2026 and the planned period of 2027โ2028. This announcement was made yesterday, 28
See MoreRussia: Bank of Russia lowers key interest rate
The Bank of Russia lowered its key rate on 24 October 2025, noting ongoing inflationary pressures. Regfollower Desk The Bank of Russia announced, on 24 October 2025, that the Board of Directors decided to cut the key interest rate by 50 basis
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