Russia planning major crackdown on ‘grey’ economy

The country has long been known for its vast shadow sector The Russian government has been tasked with increasing the welfare of its citizens by reducing unreported employment, RBK reported on Friday, citing two participants of a strategic session chaired by Prime Minister Mikhail Mishustin earlier this week. Sources told the business daily that a set of measures is being considered at the federal level, including the use of big data to monitor companies, as well as inspections of organizations with signs of illegal employment by the Federal Tax Service. According to RBK sources, the monitoring is necessary despit

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