Putin’s instructions following the meeting with business became known
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Putin instructed to introduce a differentiated income tax rate after a meeting with business
Russian President Vladimir Putin ordered the introduction of a differentiated income tax rate after a meeting with business representatives on November 15. This was reported by Forbes.
According to the source, the rate will depend on preferential treatment and investment activities of the company.
As the head of the Russian Union of Industrialists and Entrepreneurs Alexander Shokhin said, business itself will only be happy if the profit tax rate is higher. But it must be taken into account that this must occur in exchange for new investment deductions.
Also, at a meeting with business, Putin gave instructions to limit the disclosure of information about “economically significant organizations.” In addition, measures to extend state assistance to projects involving persons from abroad will be considered.
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