The summer of 2024 has seen a plethora of tax changes in Russian legislation.

On 12 July, Federal Law No. 176-FZ ("176-FZ") was enacted, setting out the primary parameters of Russia's tax reform, many of which will come into effect in 2025.

Additionally, on 8 August, Federal law No. 259-FZ was enacted in line with the main tax policy directions.

This legislation represents a finer tuning of the tax system, yet nonetheless includes several important changes for certain taxpayer categories.

The material is available in English, Russian, Japanese, and Chinese languages.

We hope this information will be useful to you and remain available for any questions or suggestions you may have.