All news

Introduction of patent system in Russia postponed

The situation in certain business sectors must not deteriorate, Nabiullina said

MOSCOW, November 21 (Itar-Tass) —— It is too early to introduce a patent system in Russia, Russian Minister of Economic Development Elvira Nabiullina said on Monday.

“So far we cannot introduce a system of patents because it cannot completely substitute for the unified imputed tax applicable to small businesses,” she said at an international workshop on taxation problems.

She stressed that the situation in certain business sectors must not deteriorate.

“We shall get back to discuss the issue of the patent system in the first half of 2012 to take decisions on small business taxation,” she said.