Russia With effect from 01.01.2019, a further reduction to EUR 200 is planned for exemption threshold for the importation of goods 19 July 201827 views1 min read Source: VATassociation.org Russian upper house of parliament passes VAT hike to 20% Russian government reportedly approved draft law on 14 June 2018 that will increase the standard VAT rate from 18% to 20%