St Petersburg’s landmark cathedral to get patriarchal statusSociety & Culture April 28, 3:07
Russians to be proud of its F1 racer Daniil Kvyat - Toro Rosso principalSport April 28, 3:02
Moscow holds first night rehearsal of Victory Day ParadeMilitary & Defense April 28, 1:18
Russia’s Kvyat expects full-house attendance at 2017 F1 Russia GP in SochiSport April 28, 1:14
Only OPCW investigation can bring up truth on Khan Sheykhun chemical attack — MoscowWorld April 27, 23:37
Kvyat to race at home F1 GP in Sochi with new helmet design depicting him riding torpedoSport April 27, 21:43
Maria Sharapova gets into quarterfinal of tournament in StuttgartSport April 27, 21:16
Russia, Japan to hold bilateral year of culture in 2018World April 27, 20:49
Angela Merkel’s visit to Moscow – pragmatism above all elseRussian Politics & Diplomacy April 27, 19:18
MAGNITOGORSK, June 21. /TASS/. The Russian taxation system must be stable and it will not be proper to change it in coming years, Finance Minister Anton Siluanov said on Tuesday.
"We see the need of keeping tax sources and taxes existing to date and say it will not be proper to change the taxation system in coming years. Stability of the taxation system should be ensured to provide for stable business climate," Siluanov said.
"It [taxes increase - TASS] is unacceptable for us. We are saying we need to grow above the global economy rates. If taxes hike, what growth rates will be then?" the minister said.
The draft budget currently under preparation in the Russian government is a "challenging" one, the minister said. It is also important to improve administration and gathering of taxes in terms of the taxation policy, Siluanov added.
According to the minister inflation and loan rates reduction are priority tasks for the Russian economy.
"We believe our task in these challenging conditions is to ensure macroeconomic stability, reduction of inflation and loan interest rates in the first instance," Siluanov said.
The Russian Finance Ministry predicts inflation will not be higher than 6% in 2016.
"We see inflation normalized quickly this year. Our inflation outlook is not above 6%," Siluanov said.