Trump Says U.S. Close to Deal to End Ukraine War After Abu Dhabi Talks
The White House said that there are “a few delicate, but not insurmountable, details that must be sorted out” before the proposals are ready.
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The government is easing the terms of one aspect of its tax crackdown announced earlier this fall — the legislation that would force small businesses to pay 22% VAT after their revenue passes 10 million rubles (about $125,000). Prime Minister Mikhail Mishustin announced the easing of the reforms at a government meeting, but did not go as far as a complete U-turn. Instead, the annual revenue threshold will be reduced gradually. First to 20 million rubles in 2026, then 15 million in 2027 and 10 million in 2028. There was no discussion of the initial reform within the business community, which greeted it…