The government plans to reduce tax pressure on business from 2011 by the amount by which enterprises entitled to simplified tax procedures will increase their insurance premiums, Minister of Health and Social Development Tatyana Golikova said.
“Since a single insurance contribution will be introduced for all categories of taxpayers from 2011 regardless of the field in which they operate, our ministry and the Ministry of Economic Development suggest reducing the tax burden by the amount by which insurance contributions will increase,” Golikova said on Monday.
