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Thursday, October 27, 2016

Media reported about Putin’s decision not to raise taxes until 2019

Russian President Vladimir Putin has decided not to amend the tax system of the country through 2019, according to “Vedomosti”. This was announced during the meeting with participation of the head of state, though in the Kremlin the fact that this meeting is not confirmed.

photo: Natalia Gubernatorova

Now the Russian authorities are actively discussing various options to fill the budget, and most of them are reduced to increase the tax burden on citizens and business, said the publication of one of the participants. Thus a press-the Secretary of the President Dmitry Peskov denied the fact of this meeting.

It should be noted that during the address to the Federal Assembly in 2014, has promised not to raise tax burden for business for four years.

Recently, the media reported that the Ministry of Finance has proposed to raise the value added tax (VAT) from 18 to 20 percent, and charge premiums from all of the salary Fund, bringing the rate to 26 percent by 2019.

Today Vedomosti reported that the Ministry of Finance took the initiative to cancel pensions for working pensioners whose income exceeds 500 thousand rubles.

Read details in a material: “the Finance Ministry has proposed to cancel the pensions for the wealthy citizens”


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