Russia Tax Agency Posts FAQs on Various Taxes

The Russian Federal Tax Service Feb. 2 posted FAQs on various taxes. Topics covered include: 1) VAT rules for simplified tax system taxpayers, including on the improper issuance of VAT invoices by non-VAT payers, and for applying the 5 percent or 20 percent VAT rate and the increased 22 percent VAT rate for 2026; 2) the limits and conditions for VAT exemptions and simplified regime thresholds, including an automatic VAT exemption when revenue doesn’t exceed statutory limits, and for switching tax regimes; 3) the treatment of income, payroll, and deductions, including whether employers consider prior employer earnings for individual income ...