taxes

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Gazprom Armenia counter-attacks Pashinyan team

Gazprom Armenia counter-attacks Pashinyan team

The accusations of Armenia's State Revenue Committee of tax evasion have threatened Gazprom Armenia’s planned signing of an important agreement with a Russian bank, CEO of Gazprom Armenia national gas distribution company Hrant …

Self-employed persons legalized in Russia

Self-employed persons legalized in Russia

Self-employed citizens switching to the experimental tax regime will be exempt from paying personal income tax and value added tax (VAT), except for the situation when goods are imported into Russia, according to the set of laws on the …

Pashinyan promises to introduce tax on oligarchs

Pashinyan promises to introduce tax on oligarchs

Armenia's acting Prime Minister Nikol Pashinyan announced 'significant' changes in the budgetary policy of the government, saying his government’s budgetary and economic policies will be to encourage labor …

Armenia’s State Revenue Committee accused of tax terror

Armenia’s State Revenue Committee accused of tax terror

The head of Armenia’s State Revenue Committee (SRC) David Ananyan downplayed allegations of local companies that SRC launched tax terror against businesses, describing them as groundless. "We fulfill our …

Russia passes bill on excess profits tax in oil industry

Russia passes bill on excess profits tax in oil industry

Russia's State Duma passed the bill on introducing the excess profits tax in the country's oil industry in the final reading today. The new tax system will be tested from January 1, 2019 on a limited number of oil …

Russia's VAT hike to 20% to increase inflation by 1%

Russia's VAT hike to 20% to increase inflation by 1%

Russia's current inflation is 2.5%, the VAT hike from 18% to 20% will increase inflation by 1%, Russian Central Bank Governor Elvira Nabiullina told the state Duma. She said that inflation in Russia …

Siluanov: taxes in Russia not be changed in next 6 years

Siluanov: taxes in Russia not be changed in next 6 years

Russian government will not change the tax regime during the next six-year period, First Deputy Prime Minister, Finance Minister Anton Siluanov said on the sidelines of the 2018 St. Petersburg International Economic Forum. …

Almaty to reduce amount of harmful industries

Almaty to reduce amount of harmful industries

According to the new general development plan of Almaty, all enterprises that damage the environment and present the danger of anthropogenic catastrophe will be moved beyond the city borders and the empty giant production plants of the Soviet …

 Russia has paid 20% more taxes

Russia has paid 20% more taxes

Tax proceedings to Russia's consolidated budget increased by 20% in 2017, amounting to 17.3 trillion rubles, the head of the Russian Federal Tax Service, Mikhail Mishustin, said today. The increase in tax proceedings was …

Russia's Arkhangelsk, Nenets residents pay $2.47 bln taxes

Russia's Arkhangelsk, Nenets residents pay $2.47 bln taxes

Taxpayers in the Arkhangelsk and Nenets Regions in 2017 paid to budgets of all levels more than 140 billion rubles ($2.47 billion), press service of the local tax authority said on Thursday, TASS reports. "In 2017, tax payers in …

Kazakhstan to implement single agricultural tax

Kazakhstan to implement single agricultural tax

Kazakhstan's Ministry of Agriculture will implement a single agricultural tax, the country's First Vice-Minister of Agriculture Arman Yevniev said.  "With regard to improving the taxation of …

Azerbaijan's Tax Code to be amended

Azerbaijan's Tax Code to be amended

Azerbaijan's Ministry of Taxes is developing a new package of amendments to the Tax Code, the republic's Minister of Taxes Mikayil Jabbarov said at the 'Taxes. Transparency. Development' conference. …

Russia extends timeline for capital amnesty

Russia extends timeline for capital amnesty

Russia's State Duma has passed in third and final reading a package of bills extending the timeline for capital amnesty in Russia until February 28 of 2019. The bills are related to an initiative of Russian President …