Russian Seafood Industry Prepares for Huge Tax Increases in 2020
The level of tax burden on fish producers in Russia may significantly increase this year, mainly due to industry tax reforms, which are prepared by the local government, according to recent statements of leading local fishermen and industry analysts.
As part of the reform, new increased tax rates for the use of fish and seafood in Russia will come into force on January 1, 2020, and may cost the local seafood industry millions of dollars of additional payments.
Such calculations have been recently made by ...
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