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- October 16, 202612°
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Russia proposes tax deferrals for Wildberries after attacks
The Russian government has prepared a support package for Wildberries and sellers on the platform covering taxes, insurance payments and inspections after weeks of attacks. Sellers whose losses exceed 5% of their annual revenue would receive a 12-month deferral for obligations due between August 2026 and July 2027, followed by a 12-month installment plan.
Following weeks of attacks on Wildberries warehouses and logistics centers, the Russian government has prepared a draft package to ease the financial burden on the company and sellers operating on the platform. The Russian Finance Ministry said the package would provide for deferrals of tax and insurance payments, as well as a temporary suspension of tax inspections.
Sellers offered 12-month payment relief
Finance Minister Anton Siluanov said the measures would reduce the administrative and financial pressure on businesses affected by the attacks. Under the draft, sellers who suffer losses exceeding 5% of their annual revenue would be able to defer value-added tax, corporate income tax and other obligations falling due between August 2026 and July 2027 for 12 months.
After that period, the tax debt would be repayable in 12 equal monthly installments. The same payment plan is also proposed for Wildberries & Russ, the parent company of the e-commerce business, in addition to Wildberries sellers.
Wildberries & Russ’s payments would be deferred until July 28, 2027, after which the debts would be paid in installments over one year. The package also includes freezing tax inspections for the parent company and sellers, along with certain procedural deadlines, until the end of the year.
Government approval pending
The financial support package has been submitted to the Cabinet for final approval. The government, headed by Prime Minister Mikhail Mishustin, must approve the measure before it can be implemented.
Deputy Prime Minister Alexander Novak instructed federal agencies and the Central Bank last month to organize emergency support for Wildberries and businesses selling on the platform. Russian President Vladimir Putin also called last week for assistance with rebuilding commercial warehouses damaged in the attacks.
Claims about the attacks and damage estimates
More than 20 Wildberries facilities have reportedly been hit by Ukraine since mid-July. Officials in Kyiv, meanwhile, accused the company of supplying the Russian military with components used in unmanned aerial vehicles and other equipment.
Some estimates of the total damage allegedly suffered by company properties and sellers’ inventories have reached 878 billion rubles, or approximately $10.5 billion. The accusation and damage estimates are at the center of discussions about the impact of the attacks on Wildberries and businesses operating on the platform.
Provisions of the proposed package
- Eligible sellers would be able to defer value-added tax, corporate income tax and other obligations for 12 months.
- After the deferral period, the debts could be repaid in 12 equal monthly installments.
- Wildberries & Russ could receive a deferral until July 28, 2027, followed by installment payments over one year.
- Tax inspections and certain procedural deadlines could be frozen until the end of the year.
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