Personal funds will be prohibited from using the simple taxation system.
Starting January 1, 2027, personal finance will not be able to implement the simplified taxation system (STS), when the corresponding amendment to the Tax Code (TC) of the Russian Federation was proposed by the Ministry of Finance. The list of taxpayers who are not eligible to apply the tax regime includes personal funds so that there is no tax arbitrage," Deputy Finance Minister Alexey Sazanov said on Sunday at a meeting of the Duma Committee on Budget and Taxes.