Russian President Vladimir Putin instructed the government to ensure that the cancellation be credited for the second quarter taxes for small and medium businesses, individual entrepreneurs in the affected due pandemic coronavirus sectors of the economy and also socially oriented non-profit organizations. It is reported press service of the Kremlin.
“the government of the Russian Federation to ensure the cancellation be credited for the second quarter of 2020, taxes, advance payments of taxes (except value added tax) and insurance contributions to state extra-budgetary funds”, — stated in the document.
we are Talking about the cancellation of such payments for individual entrepreneurs and SMEs that operate in industries most affected by the pandemic, as well as socially oriented non-profit organizations.
the President announced the proposal to tax write-offs for the second quarter for small businesses and NGOs on 11 may, in the course of treatment to citizens. According to him, to take advantage of this support measure will be able to more than 1.5 million businesses.
