Russia Relaxes VAT Threshold Payments For Its SMEs by 50%
Economy, Finance, Investment, Regulatory, RussiaThe Russian government has accounted for the wishes of businesses and members of parliament and proposed a gradual transition to VAT payment for small- and medium-sized businesses on a simplified tax system, lowering the payment revenue mechanism from a threshold of ₽20 million (US$245,000) to ₽10 million (US$125,000) over the coming three years, Prime Minister […]
Russia Relaxes VAT Threshold Payments For Its SMEs by 50% Read More »











