taxes

page 4

New oil tax system can be introduced in Russia in 2017

New oil tax system can be introduced in Russia in 2017

The Russian government will consider the Finance Ministry’s proposals on the tax policy directions for 2017-2019 on October 13, the Russian Deputy Finance Minister Ilya Trunin said. "This could be in …

 Azerbaijan to help small and medium-sized businesses

Azerbaijan to help small and medium-sized businesses

Azerbaijani Deputy Taxes Minister Ilkin Valiyev said that Income tax and value added tax (VAT) rates for small and medium-sized enterprises engaged in production will be reduced in the country. He made the remarks at a …

Medvedev urges to change tax system in the Russian Federation

Medvedev urges to change tax system in the Russian Federation

Russian Prime Minister Dmitry Medvedev said that it is necessary to re-write the tax system in Russia in such a way that it can raise the money in the budget and also stimulate the creation of promising competitive products and …

 Russian Finance Ministry promises not to raise taxes

Russian Finance Ministry promises not to raise taxes

It will not be proper to change Russian taxation system in coming years, the Russian Finance Minister Anton Siluanov said. "We see the need of keeping tax sources and taxes existing to date. It will not be proper …

Russia raises duties on oil and oil products

Russia raises duties on oil and oil products

Russia's oil export duty was increased by $14.6 to $80.6 per ton from June 1, the Ministry of Economic Development said. Reduced custom fees for oil from Eastern Siberia, Northern Caspian and the Prirazlomnoye Field were still …

Stavropol victims of radiation exempt from vehicle tax

Stavropol victims of radiation exempt from vehicle tax

Today deputies of the Duma of the Stavropol Territory adopted an amendment to the regional law "On transport tax". Now victims of radiation accidents won't pay the vehicle tax, the press service of the Parliament of the region …

Business to be more informed

Business to be more informed

‘Navigator of Success’ is a reminder, a great helper and a friend's shoulder for small and medium-sized businesses

Georgian government to boost large banks

Georgian government to boost large banks

The government has introduced new tax changes, which will allow large banks to save millions: it is about changes in the tax code, according to which the companies operating on the international stock exchanges will be exempt from paying taxes on …

Azerbaijani pharmacies may be exempt from VAT

Azerbaijani pharmacies may be exempt from VAT

At present the Azerbaijani authorities are considering the possibility of exempting pharmacies from paying VAT, the Deputy Prime Minister of the Republic, Ali Ahmadov, said. He noted that in some countries …

Russian Finance Ministry develops new tax on added income

Russian Finance Ministry develops new tax on added income

The Russian Ministry of Finance has developed the parameters of the tax on added income (TAI) in the oil industry. In contrast to the mineral extraction tax, which is paid on the amount of oil produced, TAI will depend on oil revenues. …