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State Duma decided to limit single tax growth for small businesses - EastRussia | Far East

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The State Duma decided to limit the growth of single tax for small businesses

The State Duma decided to limit the growth of single tax for small businesses
Photo: pixabay.com

The State Duma Committee on Budget and Taxes advised the Ministry of Economy of Russia to use a coefficient that does not exceed the inflation rate when determining the coefficient-deflator (UTII) necessary for calculating a single tax on imputed income. This proposal is contained in the draft resolution of the Duma on the adoption of the budget for 2020-2022 years.

According to Kommersant, if the agency listens to the recommendations, then UTII next year will grow by 3,8%, or even less. Otherwise, we should expect its increase by 4,9%.

Earlier in Russia, they proposed maximize taxes for small businesses Since 2020, the Ministry of Economic Development of Russia has proposed indexing deflating factors by 4,9%. So, personal income tax will be established in the amount of 1,813, UTII - 2,009, trade fee —1,382 and patents - 1,592.