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

Russian Government to Lower Tax Obligations for Regional Companies
28.01.2015 18:59
Russian Government to Lower Tax Obligations for Regional Companies

Russian government plans to institute a number of measures for lowering tax burden for small and medium-sized businesses in the regions, Russian Minister of Finance Anton Siluanov said.

      "Russian regions will receive considerable rights for abatement of taxes for small businesses, in addition to those that already exist. The government will allow federal subjects to make such decisions on their own", the minister added.

      According to Siluanov, some changes will be made in interbudget transfers to Russian regions. The concept of "tax potential" will be set free from "current incomes received by regions and municipalities from small business's taxation".

      The minister also reminded of "tax holidays" made by Russian officials for private entrepreneurs. "The 'holidays' currently apply to two fields - production and social services. We want to add another one - personal services", Siluanov said.

      In accordance with an anti-crisis plan published on January 28, Russian government intends to simplify a procedure of a business's recognition as small or medium-sized.

      Another measures include reduction of checkings by the Federal Antimonopoly Service, tax burden weakening and 'tax holidays'.


Author: Julia Alieva

Tags: crisis in Russia Russian business Ministry of Finance   

Next Previous

You might also find interesting:

The Share Of Imported Products In Russian Stores Reached Its Historical Minimum
The Businessman Sergei Tigipko Can Buy the Subsidiary Of Sberbank In Ukraine
New Refinancing Campaign for Consumer Loans Launched
Otkritie Bank and Sberbank Were Named Leading Digital Retail Financial Organizations Of Russia In 2017
The Minimum Wage Level Will Rise

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

Flowers Delivery

search on the map
Russian academy of sciences  Heroism   Russian Literature  Buryatia  History Exhibitions  Exhibitions in Saint Petersburg  Exhibitions in Moscow  Romanovs  Russian social networks  Fashion Futurum  Russia-China  Roman Shirokov  programming  Russian tourism  fan zone Mexico  Tchaikovsky Conservatory in Moscow  Russian Cinema  Vasily Gorin  Bolshoy Ussuriysky Island   Russian Photographers  Moscow Region  Russian people  Russian history  Mercedes-Benz Fashion Week Russia  Azov  Russian biologists  Romodanovo  Travel  Painting  Sverdlovsk region  Moscow  astronomy  Samara  Archeology  adoption ban  smoking in Russia  Russian business  Avachinsky Gulf  Radonezh  Kulebaki  Birchbark Handicraft  Oil Extraction  Periodic Table  Russian oil companies  Map of Russian Science  Russian ballet  non-refundable tickets   Russian architecture  Oktyabrsky (Bashkortostan)  Alexey Navalny 

Travel Blogs
Top Traveling Sites