CNN will not get away with Syrian boy video — Russian Foreign Ministry spokeswomanWorld June 28, 3:12
WADA move shows trust in Russia’s anti-doping measures — ministerSport June 28, 1:02
US disciplinary procedure against jailed Russian businessman Bout delayed — attorneyWorld June 27, 23:16
FIFA report on Russia’s 2018 World Cup bidding proves legitimacy of its win — deputy PMSport June 27, 21:08
FIFA report on Russia’s 2018 bidding dismisses Western media allegations — LOC chiefSport June 27, 19:53
Encrypting ransomware Petya attacks computers worldwide — Kaspersky LabBusiness & Economy June 27, 19:23
Kremlin says its computers not affected by hacker attackRussian Politics & Diplomacy June 27, 18:55
Security experts urge Putin, Trump to overcome disagreementsWorld June 27, 18:51
Jury to deliver verdict on Nemtsov murder case on June 28Society & Culture June 27, 18:42
MOSCOW, October 11. /TASS/. Russia and Turkey will exempt the Turkish Stream pipeline project from certain main taxes. In particular, offshore segment operations in exclusive economic zones and on continental shelves of both nations will not be taxed. Such statements are made in the intergovernmental agreement for implementation of the project signed on October 10.
The Turkish party will not impose the value added tax (VAT) on services provided to the offshore segment company and on its revenues. Gas transmission services will also be exempt from tax. Furthermore, transportation means and technical aids imported to territories of both countries will be exempt from customs duties and taxes in Russia and in Turkey, the document says.
Russian gas holding Gazprom and Turkey’s Botas may engage new participants and raise third party funding for the gas pipeline construction project.
"Third party funds may be drawn by joint decision of members in the company for the onshore segment 2 and by decision of the Russian member to the offshore segment," the document reads.
The intergovernmental agreement also provides for cancellation of building the second line subject to notification to the Turkish side.
"Performance capacity of the offshore segment may be lowered on account of cancelling the Offshore Segment 2 [second line of the gas pipeline - TASS], with a formal notice of the Russian party to the Turkish party," the document says.