Russian Navy plans to modernize five big antisubmarine shipsMilitary & Defense January 19, 8:54
North Korea builds two road-mobile intercontinental ballistic missiles — YonhapWorld January 19, 8:50
US political advisor says Trump and Putin likely to start things off on different footingWorld January 19, 8:14
Russia urges UN SC against using Iran nuclear deal in new formatsRussian Politics & Diplomacy January 19, 5:47
Diplomat reveals US spy agencies' latest attempt to recruit Russian worker was last weekRussian Politics & Diplomacy January 18, 21:57
Austria’s president-elect says he is ready to maintain good relations with RussiaWorld January 18, 21:50
Putin briefs Merkel, Hollande on steps to implement Syrian ceasefireRussian Politics & Diplomacy January 18, 20:39
Putin, Merkel, Hollande agree to give fresh impetus to Normandy Four activitiesRussian Politics & Diplomacy January 18, 20:26
Russian Eurobonds may be floated in spring 2017 — finance ministerBusiness & Economy January 18, 19:48
MOSCOW, May 13. /TASS/. Russia’s lower house of parliament, the State Duma, plans to consider in the first reading on Wednesday draft capital amnesty law introduced by the government and recommended for adoption by the committee on budget and taxes.
Russian Deputy Finance Minister Sergey Shatalov said earlier the adoption of the draft law in three readings and its signing by the president was expected by June 15.
The capital amnesty bill would legalize the property that was previously hidden, one would need to submit a special declaration to the tax authorities. Thus, it would be possible to register any property: articles, movable and immovable property, money, securities and property rights.
"The draft law is aimed at creating a simple, understandable and light from the economic point of view mechanism for voluntary declaration of property and accounts [deposit accounts] at banks, ensuring legal guarantees of preservation of capital and property of individuals, and protecting their property interests, including outside of the Russian Federation," an explanatory note to the document reads.
The text of the draft law has been agreed with the Financial Action Task Force on Money Laundering, an intergovernmental organisation established by the G7 group of countries in 1989 to develop policies to combat money laundering.
The so-called "amnesty of capitals" was announced by Russian President Vladimir Putin in his address in December 2014.