# Russia plans higher taxes on passive income and foreign online purchases as budget deficit continues

https://mins.news/en/item/72489

- Meduza, 2026-09-24 14:27 UTC
- Economy
- Original: https://meduza.io/en/news/2026/09/24/russia-plans-higher-taxes-on-passive-income-and-foreign-online-purchases-as-budget-deficit-continues

> Russia’s Finance Ministry has submitted a draft 2027 budget and spending plans for 2028 and 2029. The proposal would raise taxes on passive income to 13–22% and impose 22% VAT on cross-border e-commerce purchases. The budget is projected to run deficits of about 2% of GDP in each year, with defense, security, and support for SVO participants and their families identified as strategic priorities.

## Related coverage

- [Russia’s finance ministry raises taxes to bolster Putin’s military budget](https://mins.news/en/item/75815) — euronews, 2026-09-27
- [Russian budget deficit to reach 2.2% of GDP next year — Finance Minister](https://mins.news/en/item/72698) — TASS, 2026-09-24
- [Russian Finance Ministry submits budget package to government: key details](https://mins.news/en/item/72197) — TASS, 2026-09-24