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State Duma Bill Seeks Tax Relief for Small Businesses

  • A bill in the State Duma aims to reduce the tax burden on small businesses.
  • It proposes lowering VAT from 22% to 20% to ease pressure on supply chains, trade, and services and help limit price increases.
  • It also seeks to restore the VAT exemption threshold for USN taxpayers to 60 million rubles instead of the current 10–20 million rubles, which is seen as overly burdensome.

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.



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