Add to favorite
 
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

Controversial Tax Proposals by Moscow Mayor
30.10.2012 23:58
Controversial Tax Proposals by Moscow Mayor

The Moscow government has come out with an initiative to slap a new tax on small and medium businesses.


      

City Hall wants to get from SMEs operating in retail and services industries a fixed fee in advance. If the company posts profits over the year, the size of the tax will be deducted, if the business has only losses to report, the fee will not be returned.


      

Nikolay Ostryakov, from Business Russia association, says the move could further force entrepreneurs into the shadow economy.


      

According to the Federal Tax Service, the first quarter of 2012 saw 165,000 loss-making businesses in Russia.


Sources: http://www.kommersant.ru 

Author: Mikhail Vesely

Tags: Russian business Moscow mayor Russian taxes   

Next Previous


You might also find interesting:

Sberbank Gives Lectures On Coursera
29.09.2017
Cheese Control
16.04.2018
Mobile Analytics for Sberbank CIB Client Managers Recognised as Best Analytical Solution of the Year
08.02.2018
Sberbank Corporate Universitys Data and Technology Academy has Launched an Educational Programme On Blockchain
29.12.2017
The Ministry of Finance of Russia has Placed New 11-year Eurobonds
22.03.2018







Comment on our site


RSS   twitter   facebook   submit

Bookmark and Share

Flowers Delivery

search on the map
TAGS:
Free Events  Russian submarines  Tretyakov Gallery  Russian books  Space Science  Natural Science Exhibitions  Museon  Exhibitions in Moscow  Norilsk Nickel  Christmas  Russian Theater  Gorky Park  Saint Petersburg  Mikhail Yelizarov  Russian Cinema  Life Saving  Ostrogoschsk  Marfino  Russia international  Archeology  snow leopard  Moscow planetarium  Russian Literature  Exhibitions in Saint Petersburg  Kaluga Region  Fairs in Moscow  space  Cossacks  ComMission Festival  Russian trade  Glagolitic Alphabet  Russian business  crisis  Russian painters  MotorArmy Festival  Russian history  Dmitry Bertman  elections in Russia  Buryatia  terrorism  Yevgeny Boratynsky  Painting  Novosibirsk  Drug control  Russian tourism  Moscow  Timofey Kulyabin  Mercedes-Benz Fashion Week Russia  Russia-China  Aleksandr Zbruyev 


Travel Blogs
Top Traveling Sites