Russia’s Ministry of Industry and Trade has proposed a flat 22% VAT on all foreign goods, including purchases via online marketplaces, effective 1 January 2027. The proposal contrasts with a Ministry of Finance draft that would raise the rate gradually from 5% in 2027 to 20% in 2030. The announcement was made by Minister Anton Alikhanov at the Duma Committee on Industrial Policy on 11 February 2026.
A flat 22% VAT, effective 1 January 2027.
The draft would raise rates gradually: 5% in 2027, 10% in 2028, 15% in 2029, and 20% from 2030.
It was announced on 11 February 2026 by Minister Anton Alikhanov at the Duma Committee on Industrial Policy.
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The Moscow Times · 22 days ago
Russia increased its VAT rate from 20% to 22% on 1 January 2026, expanding VAT registration to more small businesses. The Finance Ministry expects the hike to bring an extra 3.2 trillion rubles in revenue, while businesses have already raised prices to offset the tax change. The move aims to close the fiscal gap caused by war spending and falling oil revenues.
Bloomberg Tax · about 8 hours ago
The Norwegian Tax Administration’s Tax Appeals Board issued Decision No. SKNS1-2025-65 on Feb. 5, 2025, ruling that transferring mature energy‑related development projects to separate project companies (SPVs) via asset sales or demergers does not qualify for a VAT exemption because the projects are not standalone, ongoing economic units. The decision confirms the Tax Office’s view and clarifies the VAT treatment for such transfers.
Bloomberg Tax · about 8 hours ago
The Belarusian Ministry of Taxes and Duties clarified on 6 February 2026 that fixed assets used by crypto-asset operators are treated as goods for VAT purposes, and that VAT paid on their importation cannot be deducted. The guidance also specifies that fixed assets directly used in token-related activities are subject to non-deductible VAT. This clarification applies to all crypto-asset operators operating within Belarus.
KPMG · about 17 hours ago
France has introduced a temporary €2 small parcel tax on low‑value imports effective March 1 2026. The tax applies to parcels below €150, is levied per item at the time of import, and will remain in force until the EU‑wide parcel tax takes effect in November 2026, but no later than December 31 2026. The liable party is the person responsible for import VAT on the H7 declaration, covering IOSS users, French VAT registrants, and others.
Bloomberg Tax · about 17 hours ago
The Swedish Tax Court issued Advance Notice No. 54‑25/I on 17 Dec 2025, clarifying that the input VAT deduction limitation for permanent residences does not extend to parking garages that are clearly separated from the residence. In the case, a taxpayer owning a residential building, a commercial building and a parking garage sought guidance, and the court ruled that the garage’s design and use meant it was not part of a permanent residence, so its costs are not subject to the limitation.
Bloomberg Tax · about 17 hours ago
The European Court of Justice issued a preliminary ruling on Feb. 9, 2026, concerning Bulgarian VAT liability for third parties. In Case C‑121/24, a road‑transport company was assessed for unpaid VAT after the supplier was removed from the commercial register. The ruling clarifies that the taxpayer can be liable for the supplier’s unpaid VAT when the supplier fails to pay the chargeable VAT.
