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'.


Sources: http://www.rbc.ru 

Author: Julia Alieva

Tags: crisis in Russia Russian business Ministry of Finance   

Next Previous


You might also find interesting:

Sollers Industrial Group Will Resume the Assembly Of Ssang Yong Cars In Russia
15.09.2016
Ministry of Economic Development Criticised HSE Report
31.08.2016
Net Capital Outflow From Russia Has Gone Up
17.04.2017
Sberbank Won the Best Social Projects Award
14.05.2017
Abrau-Durso May Be Produced In China
16.10.2016



comments powered by Disqus




Comment on our site


RSS   twitter   facebook   submit

Bookmark and Share

Russian Parliament in Action

search on the map
TAGS:
Ufa  Russian Museum  Yevgeniya Chirikova  Moscow metro stations  Russian football team  Russian physics  Awards  Bashkiria  migration in Russia  Russian writers  Chevrolet Niva  Exhibitions in Moscow  Syria  E621  Valery Gergiev  Alexander Djikia  Mercedes-Benz Fashion Week Russia  Moscow  Demidov Prize  Russian Literature  Russian Cinema  Russian directors  Pushking Fine Arts Museum  Russian history  Nizhny Novgorod  Mikhail Vrubel  Travel  Czech Airlines  Fashion Illustration  Russian musicians  the History Museum  Fashion and Style in Photography  Moscow Centers of Modern Art  LGBT in Russia  Russian toy shops  Show Business  religion  Archeology  Theatre Festivals  Experimentanium Museum  Painting  Russia-U.S.  Ural Federal University   Moscow Ocean Park  Treasures  Maria Smolnikova  Vladimir  online booking  Russian business  Russian tourism 


Travel Blogs
Top Traveling Sites