Russia predicted tax disaster

Russian business is on the verge of ruin, 40 percent of entrepreneurs will not be able to pay taxes by the end of the year. Earlier, their payment was postponed as part of state support.

Russia predicted tax disaster
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Since the mandatory payments were postponed, and not canceled, entrepreneurs have no idea where to get money.

According to a sociological study of an expert center under the Presidential Commissioner for the Protection of the Rights of Entrepreneurs, more than a quarter of respondents call their situation a "crisis" or "disaster."

The reason for this situation was a strong drop in demand, Vedomosti write. And it has not recovered yet. More than half of the entrepreneurs reported a drop of 2 or even 4 times, and a quarter percent - about more.

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