According to a release issued following a 7 July 2020 government meeting, Russia is implementing new relief measures for small taxpayers under that simplified tax system that, based on existing thresholds, would be required to transfer to the general tax system. In general, taxpayers subject to the simplified tax system are required to transfer to the general tax system when profits exceed RUB 150 million or the number of employees exceeds 100. For taxpayers that have exceeded these threshol…