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 entities to switch to the simplified tax system from RUB 112.5 million in the previous 9 months to …