(Russia Beyond the Headlines – rbth.ru – Tatyana Lisina, special to RBTH – June 17, 2013) Despite initial reluctance, Moscow might help the U.S. hunt down tax evaders. Russia appears to have finally yielded to American pressure to adopt a tax dodgers’ law known as the Foreign Account Tax Compliance Act (FATCA). Arguments advanced by Russian economists may have […]
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(RIA Novosti – MOSCOW, June 13, 2013) The World Health Organization has no right to dictate to Russia how to develop its tobacco pricing policies, Russia’s chief health inspector said Thursday. The head of the WHO office in Russia, Luigi Migliorini, had earlier expressed disappointment in lower than expected increase rates for tobacco excise in the country after 2016. […]
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(Moscow Times – themoscowtimes.com – Guennadi Moukine – May 20, 2013) Greater cooperation between tax authorities from 45 countries, including more extensive information sharing to help catch evaders, was the result of an international conference in Moscow that was hosted by the Federal Taxation Service and ended on Friday. “The message to tax evaders and those who facilitate tax evasion […]
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(Russia Beyond the Headlines – rbth.ru – Evgeny Basmanov, special to RBTH – April 24, 2013) Why the country’s tax system is more trustworthy than those in most European countries. At the end of last year, celebrated actor Gerard Depardieu, unhappy with the high rate of tax in his native France, decided to move to Russia and change his citizenship. […]
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MOSCOW, March 11 (RIA Novosti) – Almost 300,000 self-employed Russians have quit business in Russia in the past three months due to social tax hikes, an Economics Ministry official said on Monday. From January 1, 2013, the Russian government doubled the annual fixed-sum social security tax for individual entrepreneurs to 36,000 rubles ($1,200), in a move that directly affected […]
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MOSCOW, February 26 (RIA Novosti) Every tenth Russian company making settlements through the Central Bank’s payment system dodged tax payments in 2012, according to data posted on the regulator’s website on Tuesday. Central Bank figures show 242,000 companies or about 11 percent of the 2.2 million businesses surveyed by the regulator made zero tax payments last year, despite conducting […]
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(Interfax – January 28, 2013) Russian Prime Minister Dmitry Medvedev does not rule out that the issue of introducing a progressive personal income tax might be raised at some point, but not in the near future. “At some point, of course, the issue of progress taxation might be put on the agenda, it seems to me that this is not […]
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(Moscow Times – themoscowtimes.com – January 16, 2013) First Deputy Prime Minister Igor Shuvalov said Wednesday that the government would not raise taxes for business before 2018, provided that events of a “global” scale do not influence the situation. In an interview published in Kommersant on Wednesday, Shuvalov said that the government finalized its midterm tax strategy last year. “Up […]
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(Moscow Times – themoscowtimes.com – Alexander Bratersky – January 15, 2013) When President Vladimir Putin gave Russian citizenship to French actor Gerard Depardieu, the story became the biggest Internet hit and a subject of political controversy over the long New Year’s vacation. It was the first time in modern Russian history that someone who was not a former spy but […]
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(Rich Russians Also Lament New Tax Hikes – Forbes – Kenneth Rapoza – January 3, 2013 – click here for full article) Forbes covers Russian tax hikes on the wealthy, largely impacting individuals, sole proprietors and with high-end luxury items such as homes, cars, boats, airplanes and helicopters: Not only rich one percenters in the U.S. are going to see […]
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MOSCOW. Jan 4 (Interfax) – Political, economic and financial stability attracts investors and artists, Sberbank CEO German Gref told Interfax on Friday, speaking of Russian citizenship conferred to French actor Gerard Depardieu. “The Depardieu situation shows that financial, economic and political stability is frequently a key factor in the choice of the country by investors and artists. I think people […]
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MOSCOW, January 4 (RIA Novosti) – Legendary French actor Gerard Depardieu said he is glad to be granted Russian citizenship, adding that he loves Russia and promising to study the Russian language. “Yes, I have applied for a passport and I am glad my request has been granted,” Depardieu said in a letter to Russian journalists posted on the website […]
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(Moscow News – themoscownews.com – Anastasia Matveyeva, Moskovskiye Novosti – Dec. 17, 2012) Market participants are recognizing that the Federal Tax Service has started to work more efficiently, according to statistics presented at a tax summit at RIA Novosti’s press center. “In 2000, 1,350,000 tax inspections of corporate entities were carried out, and the average level of additional charges was […]
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(Bloomberg – bloomberg.com – Olga Tanas – Nov. 28, 2012) Russia will consider taxing individuals who earn more than 1 million rubles ($32,200) a year from financial holdings to narrow income inequality, Finance Minister Anton Siluanov said. “We could collect tax on additional income from wealthy citizens who have larger bank deposits and more investment income using such a mechanism,” […]
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Russia expects tax reforms to boost oil output – Reuters – October 9, 2012 – click here for original article: http://www.reuters.com/article/2012/10/09/russia-energy-idUSL6E8L9PU620121009 Reuters covers Russian aspirations to expand oil output through tax breaks: Russia aims to bring on line 1.4 million to 2 million barrels of oil equivalent per day with new tax reforms designed to reduce the levy on future […]
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