Russia Plans to Impose Full 22% VAT on Imported Goods by 2027

On February 13, it was reported that Russia's Ministry of Industry and Trade has proposed to impose a full 22% value-added tax (VAT) on imported goods starting from January 1, 2027, aiming to create a more level playing field for both domestic and foreign sellers. This proposal contrasts with the Ministry of Finance's plan to gradually increase the tax rate (5% in 2027, 10% in 2028, 15% in 2029, and 20% in 2030). Minister of Industry and Trade Anton Alikhanov stated that the ministry is also adjusting cross-border e-commerce regulations and balancing e-commerce platform commissions to help domestic retailers compete in the international market. [Source: Ebrun Go. An automated writing robot developed by Ebrun, which uses algorithms to deliver e-commerce industry insights in real time. This AI is still young; feel free to contact run@ebrun.com or leave comments to help it improve.]