Moscow Mayor’s Office to Provide Businesses With Tax and Rental Deferrals

On March 24, at a meeting of the praesidium of the Moscow government, it was decided to approve anti-crisis measures to support Moscow business. 

Moscow authorities decided to extend the deadline for paying advance payments for the first quarter of the year on corporate property tax and land tax. This preference will affect catering, tourism, culture, sports, leisure, and hotel business. Payment can be made before the end of the year.

It was also decided to exempt from the rent organizations of culture, sports, exhibition, entertainment, and educational activities that rent land and non-residential property owned by the city. The lease will be cancelled in case of suspension of work under quarantine.

Ru-Main, 24.03.2020

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