Mishustin announced the extension of tax holidays due to the pandemic
Russian Prime Minister Mikhail Mishustin said that the government is extending tax holidays for companies and individual entrepreneurs from industries affected by the coronavirus for another three months.
The broadcast was hosted by the Russia 24 TV channel.
“On behalf of the president, the government is extending tax holidays for businesses,” he said.
Mishustin added that in the spring, small and medium-sized businesses and individual entrepreneurs from the most affected industries received a six-month deferral for taxes and insurance premiums.
The prime minister stressed that the situation is still difficult.
“Therefore, we are extending this anti-crisis support for organizations and individual entrepreneurs from certain affected industries for another three months,” he said.
Earlier, the government gave instructions to the heads of regions on the situation with the coronavirus.