NATALIA KORNIENKO: “ON PROLONGATION OF TAX HOLIDAY FOR SMALL AND MEDIUM BUSINESS”

Natalia Kornienko, Head of Tax System Development Department at the Gaidar Institute, commented in the interview to radio “Sputnik” on the Government Decree to prolong tax holiday for enterprises and individual entrepreneurs for three months.

“On the one hand, this is undoubtedly positive, given that the second wave has started, the situation is getting even more complicated, as some representatives of the regional authorities have already mentioned. There is only one question: all these indulgences apply to the industries that are on the list,

although it is already obvious that everyone has suffered, not just enterprises and small businesses,” said Natalia Kornienko.

She has also paid attention to the fact that amid the spread of the coronavirus, the entire business will suffer, and it will have to switch to a remote mode of operation.

“I think if the epidemic is over by spring of the next year, the actually received incomes can be taken into consideration only at the end of the next year,” the expert believes.