Russia's Federal Tax Service (FTS) has issued a release regarding the application of reduced social security contribution rates for the catering services industry from 1 January 2022 as provided by Federal Law No. 305-FZ of 2 July 2021. With the release, guidance letter BS-4-11/14783@ is provided containing further detail.
The letter explains that the reduced social security contributions provided for SMEs will apply for taxpayers with more than 250 employees whose main activity is the prov…