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Putin Signs Law on Cryptocurrency Tax

The new regulations come as Russia seeks new sources of income, and to better regulate its sprawling cryptocurrency industry.

Russia’s Tax Revenue From Occupied Ukrainian Regions Tops 2023 Levels

Russia still plans to continue pouring billions of dollars in subsidies into the regions, according to its draft federal budget.

Russia Is Preparing New Tax Hikes. Here’s Why.

As military spending soars, the Finance Ministry seeks to move away from the flat income tax that was long a cornerstone of Putin’s economic policy.

Russia Probing Widespread Fraud in Mariupol Reconstruction

Dozens of companies in occupied Mariupol have been involved in schemes to avoid paying VAT, The Moscow Times’ Russian service reported.

Kremlin Exempts Duma Deputies Visiting War Zone From Filing Tax Returns

State Duma deputies visiting occupied Ukraine on official business will not have to submit tax returns this year.

Russia Moves to End Tax Deal With 'Unfriendly' Countries

Their statement follows an EU decision this week to add Russia to its tax-haven blacklist.

EU Adds Russia to Its Tax Haven Blacklist

The European Union added Russia to its tax haven blacklist on Tuesday, the latest in a series of economic and diplomatic measures taken against...

Russia Weighs Wartime Tax Increase – Report

Russia could increase taxes for the first time since the invasion of Ukraine to help plug a hole in the state budget, independent media outlet The Bell...

Kremlin Officials to File Anonymous Tax Returns – Vedomosti

Kremlin officials and Russian cabinet members will file anonymous tax returns, Russia’s Vedomosti business newspaper reported Wednesday, citing unnamed...

Russia Rakes in $1Bln From New Tax on Top Earners

Extra revenues almost 40% higher than expected in first year of new income tax system.

New Tax Scheme Lures 4 Million Russians to Self Employment

Most of the freelancers run taxi, repair and delivery, marketing and real estate services.

Russia Tightens Rules on Offshore Holding Companies

Dozens of Russian companies with Cypriot headquarters will lose access to government support under new rules.

Top Executive of Russia’s Novatek Arrested in U.S. for Tax Fraud

A federal grand jury indicted Mark Gyetvay for hiding assets worth as much as $93 million in offshore accounts between 2005 and 2016.

Russia Demands Metals Giants Pay Windfall Tax

Surging prices have helped metals companies “trick” the state out of $1.4 billion, a key government figure said Monday, demanding they pay up the difference...

Russians Hold $180Bln Abroad – Tax Service

There are around 700,000 foreign accounts controlled by Russian individuals and legal entities, according to the Federal Tax Service.

Steven Seagal’s Russian Account Blocked By Tax Authorities – Reports

The Sberbank account was blocked in order to ensure the collection of a tax, penalty or fine, documents said.

Putin Signs Law Raising Income Tax for High Earners

Starting next year, the tax rate will rise from 13% to 15% on incomes over 5 million rubles.

Russia Hikes Taxes on Firms Sending Profits to Cyprus

The Kremlin is on a high-profile drive against Russian companies headquartered in low-tax jurisdictions overseas.

Moscow to Ditch Popular Tax Treaty With Cyprus

In campaign against offshorization, Russia will hike taxes on businesses sending profits overseas.

The Lowest Tax Rate in the World? Russia’s ‘IT Tax Maneuver’

Experts see the Kremlin’s tax cuts for software firms as its latest attempt to squeeze out foreign competition.

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