Tax Update 2020. Key Tax Changes in Russia

Digest of changes that took place in the Russian tax system in 2020

Digest of changes that took place in the Russian tax system in 2020

We are pleased to present our traditional digest of changes that took place in the Russian tax system in 2020 – a hard year for the economy and the business for obvious reasons. Against this background, we were faced with unprecedented changes in the fiscal landscape compared to which the landmark adjustments to the Tax Code of the Russian Federation made in previous years now do not seem so impressive. Some of them have already entered into force, but the majority of changes will take effect in 2021. You can learn more about these changes in the tax system from our review that we have tried to make as comprehensive and useful as possible.