Development of a Draft amending the Russian Tax Code on the tax treatment of former UTII taxpayers
#Commercial practice

Development of a Draft amending the Russian Tax Code on the tax treatment of former UTII taxpayers

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Denis Kosenkov
Partner
Aleksander Bayev
Counsel
Sergey Panin
Associate

Development of a Draft amending the Russian Tax Code on the tax treatment of former UTII taxpayers

In view of the loss by a large number of retail market participants of the possibility to apply the Unified Tax on Imputed Income, the firm's lawyers developed a project to introduce a new tax regulation for small businesses, aimed at reducing the tax burden on small businesses and simplifying tax administration.

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