Russia Gazettes Law Amending Tax Code Provisions on Various Taxes

The Russian Official Gazette Nov. 28, 2025, published Law No. 425-FZ, amending various tax provisions under the Tax Code. The law includes measures: 1) reducing to 20 million Russian rubles (US$248,397), from 60 million rubles (US$745,193), the registration threshold for small taxpayers under the simplified VAT regime in 2026, with further reductions to 15 million rubles (US$186,298) in 2027, and to 10 million rubles (US$124,197) in 2028; 2) increasing to 22 percent from 20 percent the standard VAT rate, from Jan. 1; 3) imposing a domestic top-up tax (DTT) to apply a 15 percent global minimum tax rate on resident ...