News

Extending the special procedure for calculating withholding tax in relation to certain payments to “unfriendly” counterparties

Further to our series of publications on changes to tax law, we would like to bring to your attention the following important provisions of Federal Law No. 425-FZ dated 28 November 2025.

Review of UK sanctions of 24 February 2026

On 24 February 2026, the United Kingdom announced new blocking sanctions targeting several hundred Russian and foreign entities, as well as ships transporting Russian oil and gas.

Changes to the Tax Code of the Russian Federation in 2026 (Part 2)

We continue our series of publications with an overview on key changes to the Tax Code of the Russian Federation. In today's overview, we will briefly examine innovations in the taxation of legal entities.

On tax consequences of the expropriation of property from owners for state (municipal) needs

As part of the large-scale amendments adopted to tax legislation at the end of 2025, in order to eliminate tax uncertainty, legislators adopted amendments to the Tax Code of the Russian Federation clarifying the procedure for the VAT and corporate income taxation of the reimbursement (compensation) received by former owners for the expropriation of immovable property from them for state (municipal) needs.

Changes to criteria for classifying personal data operators into risk groups based on potential damage to valuables protected by law

When exercising control and supervision over compliance with personal data laws, Roskomnadzor is guided by criteria for classifying businesses into risk categories. The higher the risk profile of a company, the greater the likelihood of monitoring and control efforts in its regard. Such criteria are provided by a separate Government resolution. Due to amendments to Russian Government Resolution No. 1046, certain provisions in respect of classifying controlled persons into certain risk categories were revisited.

Changes to the Tax Code of the Russian Federation in 2026 (Part 1)

On 28 November 2025, Federal Law No. 425-FZ was published providing for wide-ranging amendments to the Tax Code of the Russian Federation.

Opting out of consent for the processing of personal data in favour of industry benchmarks

Roskomnadzor has recently presented an initiative to opt out of consent for processing and to implement industry benchmarks for personal data processing. The necessary amendments are to be developed as part of the legislative work on the “Antifraud-2” package. We comment on this initiative and discuss what businesses can expect in our legal update.

Including dividends in the customs value of imported goods: case study

This legal update aims to draw your attention to a new court decision of significant importance for the practice of including payments to participants (dividends) in the customs value of imported goods.

New EU and US sanctions against Russia

On 22 October 2025, the United States of America imposed extensive sanctions against Russia for the first time since Donald Trump took office as President in January 2025. On the following day, 23 October 2025, the European Union announced the adoption of its 19th sanctions package and published the legal acts formalising it.

Review of UK sanctions of 15 October 2025

On 15 October 2025, the United Kingdom announced new blocking sanctions targeting several dozen Russian and foreign individuals and legal entities, as well as vessels that are part of Russia’s so-called “shadow fleet.”

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