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Siluanov explained the lowering of the VAT threshold by combating illegal schemes.

Siluanov: lowering the threshold of VAT income is necessary to curb illegal schemes
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Lowering the income threshold from 60 million to 10 million rubles for businesses to pay value-added tax (VAT) is necessary to curb illegal schemes, not to raise additional funds. This was announced on September 29 by Finance Minister Anton Siluanov.

"The measure is being taken to curb illegal tax minimization schemes and business fragmentation, not to raise additional funds," he said in an interview with TASS.

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Переведено сервисом «Яндекс Переводчик»

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