A law on benefits for simplified taxation system has been adopted in the Kirov region.

      Today, at the plenary session of the Legislative Assembly, deputies considered a draft law on establishing tax rates in the Kirov region for the tax levied in connection with the application of the simplified taxation system (STS). It should be noted that it mentions the establishment of reduced tax rates for small and medium-sized businesses under the "simplified" system.

      Thus, the rates will be:

      1. 1% (if the object of taxation is income) and 5% (income minus expenses). This will affect:

      taxpayers predominantly (at least 70%) receiving income from activities in the field of manufacturing folk art products, retail trade in souvenirs, folk art products, and the production of other finished goods;

      socially oriented non-profit organizations;

      social enterprises (for which reduced STS rates were not previously established).

      2. 3% (if the object of taxation is income) and 7.5% (income minus expenses). This will affect:

      small technological companies (for which reduced STS rates were not previously established);

      taxpayers predominantly (at least 70%) receiving income from activities in certain sectors (production of food products, non-alcoholic beverages, water, textiles, clothing, leather, paper, chemicals, medicines, rubber and plastics, metal products, computers, optical products, electronic equipment, vehicles, furniture, and much more).

      To receive benefits, taxpayers must not be listed in the register of employers where facts of illegal employment have been identified. In addition, the average salary of employees must be at least 1 minimum wage in the first case and at least 2 minimum wages in the second.

      During the voting, 40 deputies voted in favor. No one voted against, and there were also no abstentions.