Tax pressure drives businesses into the shadows.

Tuesday, December 14, 2021
Tax pressure drives businesses into the shadows.

The authorities should work to reduce tax pressure on business and not increase it, as was done by adopting bill 5600. Under this condition, enterprises will continue to go into the shadow”, said Svetlana Mikhailovskaya, the Deputy Director of the European Business Association (EBA). She added that such an increase in taxes would put an extra burden on business and not lead to any positive results. The EBA insists on reducing the fiscal pressure on entrepreneurs, particularly in reducing the burden on the wages fund.

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