First report 1d ago•Last update 6m ago
VAT Increase Generates 426 Billion Rubles for Russian Budget in H1 2026
The increase in VAT to 22% generated 426 billion rubles for the Russian budget in the first half of 2026, with significant contributions from businesses and a 13% rise in personal income tax and insurance contributions.
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Russia's VAT Increase Boosts Budget Revenue by 426 Billion Rubles
First report 3h agoLast update 2h ago1 takes▲ 1
positive assessment of tax policypositiveShow 3 posts
started 3h ago•Last update 2h ago
Officials highlight the success of the VAT increase in boosting budget revenues, with non-oil and gas revenues now forming 90% of the budget.
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