Windfall tax for major companies to be introduced in Russia

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Monitoring of the Federal Legislation dated 22.05.2020

Federal Law No. 150-FZ of May 21, 2020 on amending Article 212 of Part Two of the Tax Code of the Russian Federation: repayment holidays for entrepreneurs and consumer loans – material benefits obtained shall be not be taxable with personal income tax

Information from the Bank of Russia dated May 21, 2020: documents for applying for repayment holidays may be filed through the uniform web-portal for rendering public services

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