According to a release issued following a 7 July 2020 government meeting, Russia is implementing new relief measures for small taxpayers under that simplified tax system that, based on existing thresholds, would be required to transfer to the general tax system. In general, taxpayers subject to the simplified tax system are required to transfer to the general tax system when profits exceed RUB 150 million or the number of employees exceeds 100. For taxpayers that have exceeded these thresholds by a small margin, a transitional regime will be provided that includes higher profit and number of employee thresholds with a small increase in tax rates. According to the release, a draft law for the transitional regime has already passed the first reading in the State Duma.
Further details will be published once available.