Dagestan authorities prolong minimum rate of simplified tax system for another year
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Dagestan authorities have established the minimum tax rates under the simplified taxation system (STS). For the tax base of «income», the rate is 1%, for «income minus expenses» — 5%, and for the unified agricultural tax (UAT) the rate remains at 1%.
This regulatory framework was codified in a separate regional law. Following numerous requests from business representatives it has been extended for another year, till the end of 2025. Notebley, this measure contributed to exceeding the tax collection target in 2024, indicating a significant increase in business activity, resulting in additional revenue for the regional budget exceeding RUB 2.5 billion compared to the initial forecast of RUB 2.2 billion.
The revenues generated from taxpayers opting for «income» as their tax base amounted to approximately RUB 1.3 billion rubles, while those opting for «income minus expenses» contributed approximately RUB 1.2 billion in revenue.