Analytics and brochures

Russia was ranked 28th in 'Doing Business', the World Bank's updated ratings, moving up by three positions in comparison with last year. Russian Government officials do not agree with such a low assessment.

The programme of the integration of Russia and Belarus implies the partial consolidation of the economic systems of both countries starting from January 2021, including transition to a unified Tax Code, setting up a “single regulator” of the energy market and unification of customs policy. The Presidents of both countries may approve the programme by 8 December. 

The Russian Ministry of Finance is proposing to change the use of tax benefits in cross-border transactions in the draft of ‘Principle lines of budget, tax, and customs and tariffs policy for 2020 - 2022’.

The Russian Ministry of Finance is planning to include grapes used for the production of wine in the list of excisable products in 2020. 

The Head of the Russian Ministry of Industry and Trade has announced that the tax free system can be extended to cover all Russian regions by the end of 2019.

The Russian Ministry of Economic Development has suggested the concept of adigital special economic zone for the IT sector featuring many benefits, including tax benefits.