Business asks Vladimir Putin to change the tax system for shopping centers

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Business asks Vladimir Putin to change the tax system for shopping centers
Business asks Vladimir Putin to change the tax system for shopping centers
3 June, 11:07SocietyPhoto: 1MI
In order to support the industry, business representatives turned to Russian President Vladimir Putin with a request to change the tax system for shopping centers.

As Izvestia writes, citing the document, even successful shopping centers have begun to face systemic economic problems, and it is the tax system that plays a significant role here, since the revenue and profitability of the industry are decreasing, but fees are not decreasing. Thus, property tax and land tax can reach 20% of the company's turnover.

To avoid bankruptcy and closure of the shopping center, the Russian Council of Shopping Centers proposes to calculate fees as a percentage of the turnover of enterprises and set an upper limit for property tax up to 4% and 1% of turnover for land tax. In addition, the union asks for a moratorium on the collection of fees until December 31 this year, and also to provide for the possibility of extending this moratorium for subsequent years, depending on the situation.

Earlier RSTC sent a letter to the government and the Central Bank of Russia with a request to provide support measures in difficult economic conditions. In particular, in early March, representatives of the shopping center asked to reduce utility bills and taxes in the face of anti-Russian sanctions.

It should be noted that the government has developed a set of measures to support business against the backdrop of a difficult economic situation in the face of tough sanctions. This includes simplifying the development of urban planning documentation, extending land lease agreements, simplifying the registration of previously built facilities, and much more.

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