Russia Exempts Legal Successors of Companies Already Participating in the Tax Monitoring System from Standard Thresholds

Russia amended the conditions to take part in the tax monitoring system effective 1 September 2026, exempting legal successors of companies already participating in the system from the standard thresholds following a reorganization. The standard thresholds to take part include annual income of at least RUB 800 million, total asset value of at least RUB 800 million, and total annual taxes of at least RUB 80 million, including value added tax, excise tax, profits tax, mineral extraction tax, et…