{
  "id": 9571581,
  "title": "Russia plans higher taxes on passive income and foreign online purchases as budget deficit continues",
  "url": "https://urgent.news/2026/09/24/russia-plans-higher-taxes-on-passive-income-and-foreign-online",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-24T14:27:37.000Z",
  "source": {
    "name": "Meduza (English)",
    "slug": "meduza-english",
    "url": "https://meduza.io/en/news/2026/09/24/russia-plans-higher-taxes-on-passive-income-and-foreign-online-purchases-as-budget-deficit-continues"
  },
  "original_language": "en",
  "account": "Russia’s Finance Ministry has proposed a 2027 budget that would impose higher taxes on passive income, such as dividends, interest on deposits, property sales, and securities transactions. The proposed rates range from 13% to 22%, up from the current 13-15%. The tax would be standardized, affecting only about 4 million people. The budget also includes a 22% VAT rate on cross-border e-commerce purchases, with online marketplaces acting as tax agents. Personal-use goods sent from abroad by mail will have a customs fee of 100 rubles per parcel. Additionally, indexing insurance pensions will be taxed twice in 2027, with rates increasing in February and April. The budget projects a deficit of about 2% of GDP annually, and the Ministry of Finance has prioritized financing the country’s defense and security needs and social support for participants in the SVO. The previous budget also ran a deficit and called for raising the base VAT rate by two percentage points.",
  "summary": "Russia’s Finance Ministry has submitted a draft 2027 budget, along with spending plans for 2028 and 2029, to the government.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}