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
http://www.nord-news.ru/news/2013/03/18/?newsid=45637

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:








Comment on our site


RSS   twitter      submit



TAGS:
pritest actions  Konstantinovo  Russian culture  corruption  Moscow Museums  Russian artists  Exhibitions in Moscow  Russian gaz  Indie Music  Post of Russia  Political Rallies  Russian economy  Mercedes-Benz Fashion Week Russia  elections in Russia  Buzz Barometer  Concerts in Saint Petersburg  Voronezh   Virtual Tours   fashion illustrators  Alexey Navalny  Boris Nemtsov  Arkady Rotenberg  Hermitage  Burial Grounds  Opposition  space  Russian retail industry  Novozavidovsky  Ancient China  All Events  Mikael Tariverdiev  Russian Cinema  Moscow  tours to Russia  Krayinvestbank   Eurovision  St. Petersburg  Russian business  Russian scientists  accommodation in Russia  Confucius Institute  Orthodox Christianity  Russian Coat of Arms  Russian tourism  Russian science  Museon Park of Arts  Children's Writers  bus tickets Russia FIFA  The Day of Meteorite  Nizhny Novgorod Region 


Travel Blogs
Top Traveling Sites