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Russia to Increase Thresholds for Mandatory Tax Audit

|Proposed Changes|Russia
Russia

The Russian parliament is considering Draft Law no. 975888-7, which was submitted on 19 June 2020 and provides for an increase in the revenue threshold for a mandatory tax audit in order to support SMEs. This includes an increase in the revenue threshold for a mandatory tax audit from RUB 400 million to RUB 800 million in the previous year and an increase in the asset value threshold from RUB 6…

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