Russia to Raise Taxes on Income, Imports, and Industry
Starting January 1, 2027, Russia plans to tax income from real estate sales at the same rate as wages and other regular income.
Consensus
- Russia plans to increase taxes starting in 2027.
- The measures are intended to cover budget deficits and finance war-related expenses.
- Passive income, including interest from bank deposits and dividends, will be taxed at a higher rate.
- Foreign online purchases will be subject to a 22% VAT.
- Industrial companies, including metal and mining firms, will face new or increased taxes.
- The government has already announced or is discussing tax increases on utilities, vehicles, and aviation.
- The proposed tax changes are being considered after the recent parliamentary elections.
Points of divergence
- The total cost of the tax measures for citizens and businesses will be 3.7 trillion rubles, with 1.5 trillion rubles expected in 2027 and 2.2 trillion in 2028–2029. — tg_moscowtimes_ru
- The 'supertax' on metal and mining companies will generate 600 billion rubles over three years, with 'Norilsk Nickel' paying 50 billion, 'Rusal' 39 billion, and 'Polyus' 25 billion. — tg_moscowtimes_ru
- The military budget will reach 50 trillion rubles over 2027–2029, with spending increasing to 17.1 trillion in 2027. — tg_moscowtimes_ru
- Prices in stores have already increased after the elections, with utilities and transportation rising in October. — tg_varlamov_news
- The utility tariff increase will be 11% starting July 2027, not 8.7% as previously planned. — tg_dwglavnoe
- Alcohol excises will rise, with beer increasing from 33 to 35 rubles and strong alcohol from 824 to 878 rubles. — tg_dwglavnoe
- A new aviation ticket surcharge of 500–700 rubles for domestic and 1,000–2,000 for international flights is being considered. — tg_dwglavnoe
- The tax increase will affect about four million citizens, with a proposed exemption for participants in the 'SVO'. — tg_govorit_nemoskva
- Bank deposits up to one million rubles will not be subject to the new tax. — tg_govorit_nemoskva
- The proposed tax on foreign purchases will be paid by retailers, not consumers. — tg_govorit_nemoskva
- A senator proposed increasing the tax rate for self-employed individuals to 13% for those working full-time for companies. — tg_astrapress
- The proposed tax increase for self-employed individuals is to 13%, a threefold rise from current rates. — tg_mosguru
Coverage (13 sources)
- Not long ago Russian authorities assured that they did not plan to raise taxes. However, just four days after the elections in the State... — Idel.Реалии
- Increase in tax upon sale of apartment may occur in Russia — income from sale will be counted together with salary and levied on... — Первый Московский
- When selling apartments and plots, Russians will not be able to pay income tax at a low rate — Коммерсантъ
- Passive income, mutual funds, marketplaces, and excise taxes: what will change in taxes — Фонтанка
- Not long ago Russian authorities assured that they did not plan to raise taxes. However, just four days after the elections in the State... — Настоящее Время
- «Every sneeze will be taxed». Russia has issued a bill to citizens and business totaling 3.7 trillion rubles to pay for record... — The Moscow Times
- Taxes in Russia will increase, prices will rise on everything. — Varlamov News
- Elections are over - taxes in the Russian Federation are already rising. What is known about unpopular measures that Russians are expected to face after the election of new deputies — DW Главное
- Russia to raise deposit tax in banks by up to 22% — The Moscow Times
- «Elections are over»: authorities want to raise taxes for Russians — Говорит НеМосква
- In the Federation Council, they proposed raising the tax rate for self-employed individuals — ASTRA
- In the Federation Council, it was proposed to triple taxes for self-employed individuals — The Moscow Times
- In Russia want to increase taxes on self-employed by 3 times, to 13% - with such a proposal senator Andrey Epishin came out. — Первый Московский