Russian President Vladimir Putin has instructed the Russian Government and the State Duma to submit proposals on modernizing the tax system. The head of state stated this in his address to the Federal Assembly.
According to V. Putin, the fiscal burden should be distributed towards those with higher personal and corporate incomes. The tax burden on families should be reduced, including through deductions.
Vladimir Putin proposed to fix the main tax parameters until 2030 in the future, thereby ensuring stable and predictable conditions for the implementation of investment projects.
The President of the Russian Federation considers it necessary to close loopholes that are used by unscrupulous companies to avoid paying taxes.
