Urgent.News

What's breaking now, across thousands of outlets.

World

Russian Finance Ministry proposes tax deferrals, audit freeze for Wildberries through year’s end

Russia’s Finance Ministry has submitted a package of support measures to the government for RWB Group — the merged company formed by Wildberries & Russ — as well as for sellers whose goods were destroyed in Ukrainian drone attacks.

Russian Finance Ministry proposes tax deferrals, audit freeze for Wildberries through year’s end

The Russian Finance Ministry has proposed support measures for Russian e-commerce company Wildberries and sellers affected by Ukrainian drone attacks, according to a wire service report. These measures include deferrals on the payment of several taxes, such as VAT, profit tax, insurance contributions, and advance payments, until July 28, 2027, for both the merged company formed by Wildberries and Russ, known as RWB Group, and individual entrepreneurs.

The current deadlines for these taxes fall between August 2026 and July 2027. Additionally, the ministry suggested suspending tax audits and audits of insurance contribution calculations and payments through the end of the year. This support is intended for businesses and individuals whose losses exceed 5% of their annual income, totaling an estimated hundreds of billions of rubles in damage caused by Ukrainian drone strikes against Wildberries' warehouses in Russia since mid-June.

President Vladimir Putin emphasized the need for rebuilding logistics and warehouse capacity, ordering the government to enact a recovery program without naming Wildberries.

Written by urgent.news from Meduza (English)'s reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Also reported by 2 other outlets

Read the original at meduza.io →

More in World

More from Monday 24 August →