Russian authorities have invented a “tax on tax” for the food industry

effect, food prices will rise and the gray market will reemerge. Producers point out that they already pay for each labeling code (60 kopecks per unit), as well as 20% VAT and additional accounting and compliance costs. Now, the government wants to charge even for submitting this information. According to industry associations, the new initiative could cost the food sector over 1.5 billion rubles per year. Business leaders ...