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President calls for exempting businesses from tax reporting

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President calls for exempting businesses from tax reporting

Russian President Vladimir Putin, speaking at the St. Petersburg International Economic Forum, instructed the government to complete work on a bill exempting small businesses from tax reporting.

"We have already agreed to exempt from tax returns those entrepreneurs who apply the simplified taxation system and use control and cash registers. I draw the attention of colleagues from the Government and Parliament, the relevant bill was passed in the first reading last year, but since then the work on it has stalled. I ask you to bring it to a conclusion as soon as possible," the President said at the plenary session of the Forum.

The St. Petersburg International Economic Forum is taking place from June 2 to 5. This year's theme is "Together Again. The Economy of New Reality". The event is organised by the Roscongress Foundation.

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Karina Kamalova

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