Russia’s Planned Tax Hike Would Put Hundreds of Thousands of Small Businesses at Risk of Closure, Lawmaker Warns

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Russia’s Planned Tax Hike Would Put Hundreds of Thousands of Small Businesses at Risk of Closure, Lawmaker Warns

The head of the New People party said the proposal to lower the annual revenue threshold for VAT would hit small and medium-sized enterprises in the regions hardest.

Source: https://www.themoscowtimes.com/2025/10/21/russias-planned-tax-hike-would-put-hundreds-of-thousands-of-small-businesses-at-risk-of-closure-lawmaker-warns-a90886

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