Rostov Region Governor Reduced Taxes for Small and Medium-Sized Businesses

The Don Governor reduced taxes for small and medium-sized businesses in the affected sectors and for all special tax regimes for the whole of 2020. 

According to Vasily Golubev, to the minimum possible level, tax rates have been reduced for “simplified system” (from 6 to 1% for the object of taxation “income”, to 5% for the object “income minus expenses”). For entrepreneurs with a patent system of taxation, they halved the amount of potential annual income. Now they are discussing the possibility of reducing property tax for owners of commercial real estate.

Ru-Main, 04.04.2020

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