Teller Report

Putin instructed to submit proposals for modernizing the tax system

2/29/2024, 11:23:52 AM

Highlights: Putin instructed to submit proposals for modernizing the tax system. “Thereby ensuring stable and predictable conditions for the implementation of any, including long-term investment projects,” Putin said. Earlier, the President of Russia instructed the government to work out the parameters of an amnesty for those small companies that were forced to use tax optimization schemes during business growth, in particular, business fragmentation. The State Duma and the government are asked to submit specific sets of proposals for a report in the near future and in the future.

Russian President Vladimir Putin asked the State Duma and the government to present a set of proposals to modernize the tax system in the near future.


“I ask the State Duma and the government to submit specific sets of proposals for a report in the near future and in the future, taking into account the adopted changes, I propose fixing the basic tax rules until 2030.

“Thereby ensuring stable and predictable conditions for the implementation of any, including long-term investment projects,” Putin said.

Earlier, the President of Russia instructed the government to work out the parameters of an amnesty for those small companies that were forced to use tax optimization schemes during business growth, in particular, business fragmentation.