- Putin said the planned reduction in the VAT payment threshold for businesses should be delayed, ideally as long as possible, keeping it at the current 20 million rubles.
- He asked the government, VEB.RF, and business groups to create a concept for smooth business growth and transitions to larger categories with minimal costs.
- The plan should cover all stages of business development, from self-employment to sole proprietorships and larger companies, including the platform economy.
- He also called for possible benefits for small and medium-sized manufacturing businesses, simpler tax reporting, and a national model for better business conditions.
- Additional proposals included support for private investor innovation, collective investment mechanisms, and ways for citizens to directly invest in local and regional development.
Source: garant.ru
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Russia"
- Russia Approves New VAT and Excise Import Declaration Form for EAEU Goods
- Cash Receipts Issued with VAT Since April 1 Cannot Be Corrected
- Russia’s Finance Ministry Clarifies VAT Exemption Conditions for Catering Services
- State Duma Proposes Raising VAT Exemption Threshold
- VAT Inclusion in Subsidy Calculations to Be Clarified in Agreements














