US and coalition bomb Syrian Raqqa, like Dresden was bombed in 1945 - Defense MinistryMilitary & Defense October 22, 9:56
NATO rejects media claims alliance unable of quick deploymentWorld October 21, 13:01
Russian senior diplomat: Moscow has 'no doubts' that Iran fulfilling JCPOA dealRussian Politics & Diplomacy October 21, 11:04
Monuments to Soviet troops in PolandWorld October 21, 10:57
Putin and Erdogan give positive assessment to joint efforts in Astana processWorld October 21, 3:03
Privileges to certain languages in Ukraine’s education law to worsen situation — diplomatRussian Politics & Diplomacy October 20, 21:46
International balance of forces in Syria after Raqqa’s liberation unclear yet — expertMilitary & Defense October 20, 21:05
Russia to resume import of aubergines, pomegranates from Turkey since October 30Business & Economy October 20, 20:18
International station to orbit Moon at 70,000 km distance from EarthScience & Space October 20, 20:09
ST. PETERSBURG, June 19. /TASS/. Russian President Vladimir Putin said taxation rates will be locked in for 4 years in the country.
"We’ve made a critical decision to lock in taxation rates for the nearest 4 years and not to increase fiscal burden on business so that companies could plan their work for mid-term," Putin said at St. Petersburg International Economic Forum on Friday.
The president also said the authorities "will be sticking to this principle regardless of external conditions and the burden on budget." Russia’s reserve funds allow pursuing this policy, he added.
"At the same time we create additional impetus for new developing companies," President said, adding that during his work at the Forum "a new proposal arose to provide the same subsidies for new investment as well, not just on greenfield /projects/. "We’ll definitely view this proposal and I think we may well implement it," he said.
"Capital and assets that return to Russia from abroad will be exempted from paying taxes. Their owners will be provided with guarantees on protection of any type of prosecution. Simultaneously we will be taking steps to raise transparency of Russian companies and their subsidiaries abroad," Putin said.
He added that small business that has not violated regulations will be freed from inspections for 3 years starting from 2016.