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:

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:

Investment Environment in Russia is Negative for Foreign Investors
The Skolkovo Foundation Plans to Launch a Program for Start-ups
The Date of Launch of the Power of Siberia Became Known
The Trade Turnover between Russia and China in 2018 Increased by 27.1 Percent
The Number of Companies Set Up in Russia in 2018 Fell by Almost 20%

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

search on the map
New Medicines  Mercedes-Benz Fashion Week Russia  Russian business  Ryazan  Russian tourism  transfer to Sochi Airport  Kaliningrad Airport  Shtockman project  Books  Ksenia Nechitailo  IT  Vologda  Yakutia  Tatar Cuisine  Moscow mayor  Kolomenskoye  videos from Russia  Life in Motion  ecological actions  active holidays in Russia  Russian Actresses  Tver  St. Petersburg  tours to Russia  Russian regions  Russian language  travel to Russia  Franz Josef Land   Konstantin Khabensky  New Year celebrations  Adygeysk  Bell Ringing Festival  Synagogue  Maxim Trankov  Festivals in Moscow  Lesnoy  Hermitage Museum  Multimedia Art Museum  Russian Cinema  Kazan Fifa Russia   Exhibitions in Moscow  Sergei Magnitsky  Russian ballet  Moscow  Pacific Music Festival  US sanctions  Primorski Krai   Russian Handicrafts  Modern Art  Samara Region 

Travel Blogs
Top Traveling Sites