The State Duma supported amendments on automatic exemption from VAT
It has become known which decision was supported in the State Duma.
The department agreed to the introduction of automatic exemption from VAT in a number of cases.
RIA Novosti reports this with reference to a statement made by Deputy Minister of Finance of the Russian Federation Alexey Sazanov during a meeting of the State Duma Committee on Budget and Taxes.
As Sazonov recalled, the issue of VAT payment was of primary concern to small businesses. It is noted that the original version of the law included a clause on mandatory accounting even if the person is not a VAT payer.
Therefore, the State Duma adopted amendments regulating this issue.
According to the document, small business representatives, including individual entrepreneurs and organizations with an annual income not exceeding 60 million rubles, apply a simplified taxation system.
Therefore, they are not VAT payers and will be automatically exempt from paying this tax.
Earlier it was reported that Putin approved the abolition of VAT on gold bars for individuals.
