Live Demo Agent Trial
Live Demo Agent Trial Log In Sign Up
News Wire / economy

Russian Official Proposes Marketplace Discount Regulation

GDELT Global Events Moscow 16d13d Impact 5

Russian authorities are planning to implement changes to the EIS customs code to collect VAT from online platform sellers. The ministry stated that this move aims to level the competitive playing field between digital platforms and traditional retail. Industry representatives from the Association of Trade Companies and Manufacturers of Electrical and Computer Equipment have welcomed the proposal. Implementation is expected to begin as early as 2027. The Russian Ministry of Finance is considering implementing Value Added Tax (VAT) requirements for Chinese online sellers starting in 2027. Currently, local sellers face different tax obligations than international platforms. The proposal includes measures to strengthen AML (Anti-Money Laundering) controls over digital asset operations.

Russian authorities are planning to implement changes to the EIS customs code to collect VAT from online platform sellers. The ministry stated that this move aims to level the competitive playing field between digital platforms and traditional retail. Industry representatives from the Association of Trade Companies and Manufacturers of Electrical and Computer Equipment have welcomed the proposal. Implementation is expected to begin as early as 2027. The Russian Ministry of Finance is considering implementing Value Added Tax (VAT) requirements for Chinese online sellers starting in 2027. Currently, local sellers face different tax obligations than international platforms. The proposal includes measures to strengthen AML (Anti-Money Laundering) controls over digital asset operations. Deputy Head of the Department Roman Chekushov announced a draft law that would require online marketplaces to coordinate all discount promotions with sellers. The law aims to prevent platforms from conducting sales at the expense of sellers without consent. Under the proposal, platforms would compensate sellers for price reductions through direct monetary payments. One major marketplace has reportedly already implemented a similar mechanism.

Topics

cryptocurrency finance regulation

Developing

  1. 862d Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore.
  2. 862d Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur.
  3. 862d Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est.
  4. 862d Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium.

Sources · 7 independent

GDELT Global Events

“Мосбиржа рассчитывает с 2027 года начать операции с криптовалютой”

GDELT Global Events

“Правительство одобрило законопроекты о регулировании криптовалют в России... В ЦБ заявили , что обмен криптовалют в РФ будет проводиться только в безналичной форме”

Business FM Russia

“уведення НДС для товарів на онлайн-платформах сприятиме вирівнюванню конкурентних умов з традиційною роздрібною торгівлею. ... ми вважаємо, що необхідно якнайшвидше, як мінімум з 27 року, вирівняти конкурентні умови”

Business FM Russia

“We believe it is fair and honest to create equal competitive conditions, to level the requirements and responsibilities of both, including VAT.”

Business FM Russia

“российских иностранных продавцов. Сами онлайн-платформы считают, что сведением НДС не стоит торопиться.”

GDELT Global Events

“Правительство предложило законопроект о запуске легального рынка криптовалют :: Новости дня / ВЗГЛЯД Что такое AML - проверка криптовалют и почему это важно для бизнеса - В России захотели легализовать операции с криптовалютой и усилить контроль за ней”

Komsomolskaya Pravda

“Deputy Head of the Department Roman Chekushov stated that the draft law obliges platforms to coordinate any promotions conducted at the expense of the marketplace itself with the seller.”

Unlock the full story

Get a Pro subscription or above to see the live story progression and the full list of independent sources confirming each event as they happen.

Log in to upgrade