Krympress reports:
The Commissioner for the Protection of Entrepreneurs in the Republic of Crimea Svetlana Luzhetskaya informs representatives of the business community that the third reading has adopted a law whose provisions provide for tax benefits for business, including hotels and catering.
According to the amendments made to the Tax Code of the Russian Federation, in order to stimulate the development of domestic tourism, until the end of 2030, the zero VAT rate on services for the provision of temporary residence in hotels and other accommodation facilities related to the objects of the tourism industry is extended. Before the amendments, its validity period was limited to June 30, 2027.
Also, the document provides for an increase in the maximum threshold of income of catering enterprises, in which they are exempted from VAT, up to 3 billion rubles. Changes come into effect a month after the official publication of the law, but not earlier than the first day of the next tax period for VAT.
Among other tax benefits, a separate support measure for organizations transferring property to the needs of the work and providing services on the needs of the tax burden on VAT and income tax on the needs of the VAT and income tax was introduced.
Source: press service of the administration of Feodosia
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