State Duma passes first reading of tax bill tied to 2027-2029 budget package
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What happened
The State Duma approved in first reading a companion tax bill for the 2027-2029 budget package. According to TASS, the bill includes revenue-raising tax changes, including a 22% VAT on e-commerce goods bought by individuals from third countries from 2027.
Why it matters
A first-reading vote moves the government's tax package into the legislative pipeline and gives businesses, import channels, and budget planners an early signal on the revenue mix proposed for the next three-year budget cycle. Measures affecting cross-border consumer purchases can alter import patterns, compliance costs, and expected non-oil budget receipts before final budget adoption.
The State Duma passed in first reading a budget-forming tax bill linked to the 2027-2029 federal budget package. TASS reported the bill includes revenue measures such as a 22% VAT on e-commerce goods purchased by individuals from third countries starting in 2027. The move advances the fiscal side of the three-year budget process and signals continued use of tax-base expansion to support planned expenditures.
Watch for
State Duma budget and tax committee publication of second-reading amendments to the 2027-2029 tax bill by 2026-11-03 Ministry of Finance release detailing projected annual revenue from the 22% VAT on third-country e-commerce goods by 2026-11-03 State Duma Council inclusion of the tax bill's second reading on the chamber agenda for the week of 2026-11-02 Federal Tax Service technical guidance on collection procedures for cross-border e-commerce VAT by 2026-11-03
Sources
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