Siluanov fears for the budgets of the regions because of transfering incomes from the "simplified taxation" to local budgets

3 October 2013, Thursday
Finance Minister Anton Siluanov sees risks to regional budgets in case of transfer of revenue to the local level on the simplified system of taxation.

" When we consider the question of the transfer of revenue sources not subject to the authority at the level of local government , I see certain risks to balance regional budgets ," - he said at a government meeting.

Russian Prime Minister Dmitry Medvedev said earlier Thursday that the Ministry of Economic Development offers to transfer incomes  of "simplified taxation" to local budgets in 2015. Nowadays profits of "simplified taxation" comes into regions, but budgetary strategy provides their transfer to the municipalities.
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