The VAT has already been raised. VAT is next!

"We see the increase in the basic VAT rate as the most effective potential source of additional revenues at this stage, and it is central to our contingency planning," the updated version of the Memorandum with the IMF states. This was reported by MP Nina Yuzhanina.

There is no mention of any timeframe - it is only noted that the government is ready to promptly take further tax measures if the need arises.

"But they promise to refuse to expand the existing preferential regimes.

This point has traditionally remained unchanged in the Memorandum, although in reality it is exactly the opposite.

One of the few promises in this document that can be trusted is the reform of the simplified taxation system (STS) to limit opportunities for abuse.

After all, it is already underway.

However, it is not a reform, but simply a gradual restriction of the use of the simplified taxation system by the authorities," the MP writes.