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Subject of the Simplified Taxation, Accounting and Reporting System


An entity subject to the simplified taxation, accounting, and reporting system is a newly established organization or a newly registered individual entrepreneur who has submitted an application for the right to apply the simplified taxation, accounting, and reporting system. Such entities are considered subjects of the simplified taxation, accounting, and reporting system from the quarter in which their official registration took place (ceased to be effective as of 2003-06-19)1.

  1. Federal Law No. 222-FZ of December 29, 1995, "On the Simplified Taxation, Accounting and Reporting System for Small Business Entities," dated December 29, 1995, amended on December 29, 1995, Article 2, paragraph 3, ceased to be effective as of June 19, 2003 // Official Gazette of the Russian Federation. 1996. No. 1. Item 15. ↩

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