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Russia Launching Trial for Simplified Tax System for Small Businesses

|Approved Changes|Russia
Russia

The Russia Government has issued a release concerning a meeting held on 17 November 2021 to discuss various issues, including the launch of a trial (experiment) for a simplified tax system for small businesses. Per the President’s instructions, a trial will be launched enabling small businesses to switch to a new taxation scheme – an automated and simplified tax system – that will considerably ease their interaction with the government. Participants in the trial will not have to draft and su…

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