Ministries of the Republic of Tatarstan Ministry of Finances of the Republic of Tatarstan

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October 2013

Tuesday

Meeting with enterprises of mechanical engineering and TAIF Group to review the performance of businesses in 9 months of 2013

On October 22, 2013 the Minister of Finance of the Republic of Tatarstan Radik Gayzatullin took part in meetings with major engineering companies (JSC "Kazan Helicopter Plant, JSC" KAMAZ ") and TAIF Group with representatives from the Federal Revenue Service of the Republic of Tatarstan and other ministries. At the meeting Minister reviewed the operational indicators of financial performance for the first 9 months of 2013, payments to the budget for the first 9 months of 2013, expected indicators for 2013 and forecast indicators for 2014.

October 2013

Monday

Meetings with the largest taxpayers to review the performance of enterprises for 9 months of 2013

Deputy Minister of Finance of the Republic of Tatarstan Danil Volkov held meetings with the largest tax payers to review operational indicators of financial and economic activity for the first 9 months of 2013, payments to the budget for the first 9 months of 2013, expected payments for 2013 and forecast for 2014. The meeting was also attended by representatives of the Federal Tax Service of the Russian Federation in the Republic of Tatarstan.

Finance Ministry proposes to introduce responsible for the bankruptcy of the governors of regions

Finance Ministry proposes to consolidate the legislation responsibility for the bankruptcy of regional governors , said Finance Minister Anton Siluanov during the discussion of the draft federal budget for the years 2014-2016 at a meeting of the Liberal Democratic Party .

" There is a suggestion that if the governor brought the region into bankruptcy , employment decisions should be made . Question about responsible debt policy is a key to the president of the Russian Federation to raise the question about the credibility to such governor. We are preparing a proposal to the budget legislation , we want to fix a norm " - said Siluanov.

October 2013

Sunday

"It's time to pass the regions additional powers from the federal government" - Shuvalov

It's time to give regions more powers from the federal government, First Deputy Prime Minister Igor Shuvalov said at a meeting with the participants of the World Economic Forum in Moscow. "It is time, indeed, to transfer additional powers," - he said. According to him, additional financial resources should be transferred to the municipal level, "Interfax".

October 2013

Friday

The Finance Ministry pushes the start of a single tax on real estate for individuals to 2015

The Finance Ministry will move for a year - until 2015 - the introduction of a single tax on real estate individuals , told the Deputy Finance Minister Sergei Shatalov .

" For individuals , I think we do not have time , in 2014 , we have already lost " - Shatalov said .

The draft law on the introduction of a single tax on real estate in Russia , which will be the base for the cadastral value , the closest thing to the market , is currently under consideration by the government. Previously it was assumed that the regions that are ready for the introduction of the tax, it will take effect on January 1, 2014 , and the other subjects of the Russian Federation will have to enter it until 2018.

The Ministry of Finance of the Russian Federation in the near future will bring to the State Duma amendments of taxing financial instruments

The Government of the Russian Federation in the near future will bring to the State Duma a package of amendments to the Tax Code regarding the taxation of financial instruments , which are aimed at the creation in Moscow an international financial center , waiting for their adoption in October and November , told the Deputy Finance Minister Sergei Shatalov .

In particular, Shatalov said that the bill reflected Finance Ministry's proposals on the taxation level for different types of investment instruments. Thus , it is proposed to exempt from income tax on securities within the 3 million rubles, if they were owned by one person for more than 3 years.

October 2013

Thursday

Press conference on budget

The State Council of Tatarstan held a press conference on the budget of the Republic of Tatarstan for 2014 and the planning period of 2015-2016.

Minister of Finance of Tatarstan Radik Gaizatullin and Chairman of the Committee on Budget, Taxes and Finance Murad Gadylshin told reporters about the main financial document.

Anton Siluanov: U.S. default would not affect the Russian economy

Technical default of U.S. government securities in the event of its occurrence will not affect the Russian economy , said Finance Minister Anton Siluanov . According to him, such a default could have only an indirect effect on the financial system of the Russian Federation . "We have no short-term securities ," - said the Minister. In turn, First Deputy Chairman of the Bank of Russia Kseniya Yudaeva noted that the impact of the current crisis in the U.S. on gold reserves of the Russian Federation is minimal.Treasury securities not in use in any transactions. According to her, all the problems arise mainly for the U.S., however , the US's treasury bonds remain the most risk-free asset .

Thuringia meets Tatarstan

On October 17 Tatarstan President Rustam Minnikhanov and Thuringia Minister of Economy, Labour and Technologies Matthias Machnig took part in opening of the economic forum “Thuringia meets Tatarstan”.

Tatarstan and Thuringia businessmen came to Pullman Erfurt am Dom hotel in Erfurt to take part in the forum.

Welcoming participants of the forum, Mr Machnig noted similarity of two regions, two economic platforms for business and territorial development. He pointed out areas of potential cooperation, in particular, petrochemistry, agricultural engineering, automotive components production, health care, investment activity. I am sure that the foundation for future joint projects that will contribute to globalization of economy, internationalization of investments, and harmony of international dialogues will be laid today, the Minister said.

The budget of the Russian Federation in 2014, will receive about 40 billion rubles from the sale of licenses for minerals

Federal budget revenues from the sale of licenses for the development of mineral resources in Russia in 2014 will amount to about 40 billion rubles, according to the Russian Deputy Finance Minister Tatyana Nesterenko, speaking at a meeting of the State Duma Committee on Budget and Taxation .

"We have everything to do with the sale of licenses for minerals on the territory of the Russian Federation - it is 40 billion rubles, and they are taken into account ," - said Nesterenko .

According to her, in the report of the Accounts Chamber of the Russian Federation such data stated unaccounted in fiscal revenue . The Chamber also drew attention to the absence in the draft budget revenues from the sale of licenses for the development of the shelf.

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