On 26 August 2026, the Government of the Russian Federation adopted Resolution No. [@@] establishing a package of tax and contribution relief measures for individual entrepreneurs and organizations suffering direct damage from unmanned aerial vehicle (UAV) attacks in border regions. The measures include: (1) a six-month deferral of tax and insurance contribution payments without penalties; (2) the right to reduce advance payments of corporate profit tax and personal income tax based on actual reduced income; (3) exemption from property tax for damaged real estate for the period of restoration; and (4) simplified procedures for VAT deduction recovery on lost or destroyed goods. The relief applies to entities registered in the list of affected territories approved by the Ministry of Emergency Situations.
Key Takeaways
- Automatic Eligibility: Businesses included in the official list of affected entities do not need to apply separately; tax authorities will implement deferrals based on the list.
- Advance Payment Adjustment: Taxpayers may recalculate advance payments for profit tax and PIT using actual revenue from the quarter of the attack, improving cash flow immediately.
- Property Tax Holiday: Damaged property is exempt from property tax from the month following the attack until the month of commissioning after restoration, capped at 24 months.
Disclaimer: This article is compiled and summarized by the AI based on publicly available information and is for general information purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis for performance. Please consult a qualified professional tax advisor or legal counsel for tax advice.
Source: Read Original Announcement