Russia's War-Driven Tax Squeeze Pushes Small Businesses to Brink

Small businesses in Russia are struggling to remain operational due to a war-driven tax squeeze implemented by Moscow. The government has raised VAT to 22% and significantly cut exemptions for small and medium-sized enterprises.

14 Apr, 04:00 — 14 Apr, 04:00

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FTVery High13h ago

Russia’s war-driven tax squeeze pushes small businesses to the brink

Traders struggle to keep operating as Moscow raises VAT to 22% and slashes exemptions for SMEs

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Russia's War-Driven Tax Squeeze Pushes Small Businesses to Brink

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Russia’s war-driven tax squeeze pushes small businesses to the brink

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