15 July 2011, 16:20
The primary goal of the bill (Reg. No. 8495-1) is to alleviate fiscal load on the economic entities and to streamline the procedure of reporting for the payment of a single fee for the compulsory state social insurance.
The bill amends clause 177 of the Tax Code, whereby while calculating (paying) the income from operations in the respective types of activity to the sole proprietor, the economic entity which calculates (pays) this income does not subtract the income tax from the source of payment, if the sole proprietor who receives this income provides a copy of issue or extract from the Single State Register of Legal Entities and Sole Proprietors on state registration as an economic entity (the effective provision requires originals of these documents).