Abolished taxes for small businesses

During the month the State Duma promised to change the taxation of small businesses in Russia. Changes in the tax code should raise revenue from the use of a simplified tax system from 30 million to 60 million rubles a year. In this way, the Russian State Duma intends to stimulate small business growth in the country. Such change will not only facilitate the existence of small and medium enterprises of the country, but will also stimulate further development. According to the source State Duma, a small business will be exempt from income tax and VAT. The amendments made to the document of the Tax Code in the fall of 2008, as a package of measures to combat the global financial crisis. After consideration of amendments to the bill, members voted, which decided to adopt these changes. Even Boris Gryzlov, speaker of the State Duma voted for change in the Tax Code. According to many members, the adoption of the updated tax code will enable the growth of production in small enterprises to 25% and increase the legalization of incomes of small business by 30%. According to Ekaterina Semenova, a member of the Duma Committee and author of the bill. Such actions will help encourage small business. And in fact it is the lever of the modern economy of Russia. Ekaterina Semenova: "These measures will help motivate people to start their own business."