On 20 November 2017 the Federal Tax Service (FTS) published a clarification regarding the procedure for switching legal entities to a simplified tax system from 2018 onwards.
As from 2018, in order to switch to the simplified tax regime, legal entities already operating under the general tax regime must comply with the income limit of EUR 1,617,981 over 9 months in 2017. In addition, the residual value of the fixed assets as of 1 January 2018 should not exceed EUR 2,156,787.
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