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

New Bill on Tax Powers Prompts Privacy Concerns
22.03.2013 22:20
New Bill on Tax Powers Prompts Privacy Concerns
Photo Credit: http://www.pasmi.ru

Russian deposit holders may be facing pressure from the tax authorities if new amendments on money laundering are passed into law.

      According to the text of the draft, tax officers will be aware of every account you set up, with the full information provided to the head of the federal tax agency on request and only in case of an official probe.

      This move follows another legislative initiative under the parliament's consideration aimed at expanding the powers of the tax office.

      According to the bill approved by the State Duma in first reading on February 22, the tax authorities would be get access to the complete information concerning your account even before opening a criminal case into a possible tax evasion. Only a court ruling can save your privacy. 




Author: Mikhail Vesely

Tags: Russian banks Russian tax authorities State Duma Russian laws  

Next Previous


You might also find interesting:








Comment on our site


RSS   twitter      submit



TAGS:
capital outflow  Russian business  Russian scientists  Andrei Tarkovsky International Film Festival MIRROR  elections in Russia  Sokolniki Park  St. Petersburg  activity holidays  Russian theatre  Karelia   Russian mobile operators  Ilmen Lake  satellite  Russian National Parks  Awards  Russian language  Moscow  Russian economy  Russian universities  Izhevsk  The Museum of Romance   Folk Arts  Ural   accidents  Mercedes-Benz Fashion Week Russia  buy Russian designers  Optimization-2012  Russian tourism  Euromaidan  |Nizhny Novgorod  Russian science  Adygea  Republic of North Ossetia  lowcoster  iOS  incident  Skiing  accommodation in Russia  Russian Cinema  Exhibitions in Moscow  Moscow parks  hunting  Museon Art Park  Nuclear Research  Veliky Ustyug  Nevelsk  entertainment  Classical Music  Russian oil and gaz producers   VTB 


Travel Blogs
Top Traveling Sites