US EditionRussia Increased Vat From 20% to 22% at the Beginning of 2026. Vladimir Putin: "the Measure Is Necessary for Budget Balance"
19 Articles
19 Articles
The new year has brought the increase in VAT from 20% to 22% in Russia, the measure being meant to support the financing of the war with Ukraine. The article takes place in Russia at the beginning of 2026: VAT increases by 22%. Vladimir Putin: "The measure is necessary for budget balance" appeared for the first time in Romania TV.
At the beginning of the year 2026, the increase in VAT in Russia from 20% to 22%, a measure aimed at supporting the financing of the war in Ukraine, which will put additional pressure on the population's budgets, according to DPA. The increase in tax would result in a state budget of 1.187 billion rubles, equivalent to about $15 billion this year.
Here you can find information on the topic "Ukraine War". Read now "Millions for war money - Russia increases VAT".
Russia's war economy urgently needs more money for the continuation of the invasion of Ukraine. The citizens should pay this. Therefore, a higher VAT will apply from New Year.
At the beginning of the year 2026, the increase in VAT in Russia, from 20% to 22%, is a measure designed to support the state budget at the cost of growth...
In 2026, changes in legislation that significantly affect citizens ' income and expenditure will enter into force in Russia, the main ones being an increase in the basic VAT rate from 20 per cent to 22 per cent, an increase in the minimum wage by more than 20 per cent and a doubling of the LAC tariffs during the year.
Coverage Details
Bias Distribution
- 50% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
