111 new news items in the last 24 hours

24 September 11:58

The Russian Ministry of Finance proposes increasing the VAT rate from 20% to 22% in 2026 to support military spending in the context of the war in Ukraine.

Sanziana Georgescu

main event image

International

sursa foto: unsplash.com

The Russian Ministry of Finance announced the proposal to increase the VAT rate to 22% in 2026, with the aim of financing defense-related expenses. President Putin expressed openness to raising taxes, recalling examples from history. Additionally, the ministry proposed other tax increases, including for the gambling sector, mentioning that the budget for 2026 will support military equipment and social support for soldiers' families.

Sources

Rusia vrea să majoreze TVA la 22%, precum și alte taxe, pentru finanţarea războiului din Ucraina

Financial Intelligence

Rusia: Ministerul de Finanţe propune majorarea TVA la 22% pentru finanţarea războiul din Ucraina

ȘTIRI PE ACELEAȘI SUBIECTE

International

The State Duma approved the increase of VAT from 20% to 22% and the reduction of the VAT collection threshold, affecting small businesses.

International

Russia has increased taxes to support military spending, affecting small businesses, and some entrepreneurs are considering closing down or moving into the informal economy.

International

President Putin has ordered the mandatory recruitment of 135,000 Russians by the end of the year, in the context of the conflict with Ukraine.

Current Affairs

Russian authorities a huge budget for prosthetics, in the context of the increasing number of people with disabilities due to the war in Ukraine

International

Ukraine requests the EU to raise customs duties on Russian products not affected by sanctions, to avoid possible blockages from some member states.

International

Vladimir Putin has signed a law that allows for the incorporation into the Russian armed forces throughout the year, not just during seasonal campaigns.

Personalized news feed, AI-powered search, and notifications in a more interactive experience.

Russia Ukraine war growth VAT military spending

Personalized news feed, AI-powered search, and notifications in a more interactive experience.

app preview

google play badge