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Russian Parliament Considering Threshold Increases for Simplified Taxation System

|Proposed Changes|Russia
Russia

The Russian parliament is reportedly considering a draft bill that would amend the different thresholds for the application of the simplified taxation system by legal entities. This includes:

  • Increasing the maximum number of employees threshold from 130 to 150;
  • Increasing the maximum income threshold from RUB 200 million to RUB 285 million; and
  • Increasing the maximum income threshold for legal…

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