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Government approves zero rate bill for DFO hotels - EastRussia | Far East

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The government approved a bill on zero rate for hotels in the Far Eastern Federal District

The government approved a bill on zero rate for hotels in the Far Eastern Federal District
The Government of the Russian Federation has approved a bill to create favorable conditions for the development of tourist and recreational activities in the DFO. In the explanatory documents to the draft law it is noted that the tax rate established by the draft law 0% on the profit of DFO organizations that own hotels and other accommodation facilities has been approved. The order signed by the head of government, Dmitry Medvedev, on submitting a document to the State Duma is posted on the government's website. Recall, it is proposed to set rates in the amount of 0% until December 31 of 2021.