Delovaya Rossiya proposes scrapping simplified tax system, taxing passive income in Russia

Russian business association Delovaya Rossiya has drafted economic overhaul proposals, including partial scrapping of the simplified tax system for SMEs and new taxes on citizens' passive income. The proposals signal a potential shift in Russia's fiscal policy direction, though they are not yet official government policy. This matters as it could affect the business climate and household finances in Russia, with implications for economic growth and political stability.