The Decree of the President «On the next measures to support the population and business subjects during the coronavirus pandemic» has been adopted.
According to the Decree, for the period from 1 June to 1 September 2020, property and land taxes are exempt from:
Small business entities;
Markets and trading complexes;
Public transport enterprises;
Sports and health establishments;
Legal entities carrying out activities related to the transportation of passengers, the provision of domestic services, the provision of premises for rent, including for holding banquets.
In the period from 1 May to 1 July 2020, for microentrepreneurs and small enterprises, with the exception of producers of products for sale, State-owned enterprises, legal entities with the State’s share of 50 per cent or more of the authorized fund (capital), the social tax rate is reduced from 12 to 1 per cent.
As of 15 May 2020, the collection of taxes, penalties and accrued fines owed to microentrepreneurs and small businesses for tax violations has been suspended until 1 September 2020.
Micro-enterprises and small enterprises engaged in foreign economic activity for at least one year before the day on which they apply to the customs authorities are granted the right to apply a delay in the payment of customs duties and excise tax levied on the import of goods, except for consumer goods, until 1 July 2020, with subsequent payment of the deferred amount in equal parts within 120 days.