Russia's Finance Ministry is to prepare proposals on optimization and abolition of inefficient tax breaks
27 November 2013, Wednesday
Based on data from the Ministry of Finance, large losses federal budget carries tax on mineral extraction at mining, followed by bonus depreciation and a zero rate of dividend Russian companies. No privilege can be canceled without consequences. Increase of the tax burden, unfortunately, has only two effects - either increase prices or search evasion options. If we talk about the abolition of any benefit that may occur relatively painless revision of the list of goods that fall under the VAT rate of 10%.
On November 5, speaking at the Government House of the republic at a regional video-conference held by Tatarstan President Rustam Minnikhanov with participation of Prime Minister of the Republic of Tatarstan Aleksey Pesoshin, First Deputy Minister of Construction, Architecture and Housing of the Republic of Tatarstan Aleksey Frolov reported that to date, as many as 2 million 954 thousand square meters of housing have been commissioned in Tatarstan.
On November 27, at their meeting in the Government House of the republic, Tatarstan President Rustam Minnikhanov and Deputy Chairman of the Executive Board of Sberbank Olga Golodets discussed the issues of the introduction of Sber digital products in the healthcare sector of Tatarstan.
On November 25, at their meeting in the Government House of the republic, Tatarstan President Rustam Minnikhanov and Director General of the Fund for the Protection of Citizens' Rights - Shared Construction Participants Konstantin Timofeev discussed the completion of the construction of problematic shared construction facilities in Tatarstan.
On October 28, at the Government House of the republic, Tatarstan President Rustam Minnikhanov chaired a regular board meeting of Tatneft Oil Company, to sum up the results of the company's budget execution for the 9 month of the current year and to approve budget amounts for October of 2020.
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