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Matvienko proposed to reduce the tax burden on business
For small and medium-sized businesses in Russia, it is necessary to significantly reduce the tax burden. This was stated to journalists by the chairman of the Council of the Federation of Russia Valentina Matvienko. According to her, the working conditions of SMEs in the country are far from ideal, and this relaxation will be an effective measure of support.
As reported "News"Matvienko said that in general she would bring small and medium-sized businesses into a tax-free regime. In her opinion, this would significantly reduce the tax burden on entrepreneurs.
Russia took 28-th place in the Doing Business investment attractiveness rating. It is three lines higher than last year. Among the evaluation criteria used by experts was the work of the tax system in the state.
In 2019, fiscal legislation was amended to increase the tax burden. VAT increased from 18 to 20% for all goods, except those that belong to the category of basic necessities (meat, cereals, milk, etc.). Almost 50% increased excise taxes on gasoline and diesel fuel.