28.11.2025
Federal Law of the Russian Federation No. 425-FZ of November 28, 2025 - 22% VAT, abolition of the preferential insurance premium rate for most SMEs, etc.
Large-scale changes to tax legislation are set out on 342 pages.
Law adoption deadlines:
October 22, 2025: adoption in first reading.
November 18, 2025: adoption in second reading.
November 20, 2025: adoption in third reading.
November 26, 2025: approval by the Federation Council.
November 28, 2025: signing by the President.
Most of the changes come into force on January 1, 2026 (Article 25 of the law).
According to preliminary estimates, the VAT rate increase will bring approximately 4 trillion rubles to the federal budget. rubles over 3 years (2026-2028).
According to the Central Bank of the Russian Federation, the VAT rate increase will lead to a one-time increase in inflation of +1%.
Please note that the new VAT rate must be specified in contracts with counterparties for 2026 and subsequent years.
If this issue is not addressed in the contract, the parties may benefit from Resolution No. 41-P of the Constitutional Court of November 25, 2025. In a dispute between VTB and a supply contract that was initially exempt from VAT but became subject to VAT on January 1, 2021, the Constitutional Court ruled as follows:
a) the supplier has the right to file a lawsuit demanding compensation for half of its additional costs in the form of VAT if the buyer is not entitled to a deduction and refuses to change the contract price;
b) the price agreed upon in a continuing contract with an individual cannot be changed, except in cases where the individual is engaged in entrepreneurial activity at the time of entering into and executing the contract;
c) in the case of government contracts, the price may be changed subject to procurement legislation.
However, the Constitutional Court emphasized that none of this implies a reduction in the amount of VAT paid by the supplier to the budget.
Теги: VAT
Ссылки по теме:
Tax reform 2025 in the Russian Federation 5
Changes in VAT in 2018 5
Model "Taxes LLC in 2013" 5
Bonuses, premiums and discounts as non-operating expenses, retrodiscount, other services. 5
Factoring in tax planning 5
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