Sunday, January 22, 2017

The Ministry of labour supported the idea of limiting cash payments – NEWSru.com

Minister of labour and social protection RF Maxim Topilin endorsed the idea of limiting payments for cash. On the eve for it was expressed by Finance Minister Anton Siluanov, and the idea under discussion since 2013
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Minister of labor and social protection of Russia Maxim Topilin endorsed the idea of limitations calculations for cash. On the eve for it was expressed by Finance Minister Anton Siluanov, and the idea under discussion since 2013. According to officials, it will increase the collection of taxes.

comments TASS Sunday Topilin said: “it is the right decision. Where you abroad buy something expensive with cash? There is 500 euros anywhere to change it is impossible”.

the day Before, speaking at the Congress of “United Russia”, Russian Finance Minister Anton Siluanov urged to resume discussions on reduction of cash payments in Russia with major purchases. In this case as a positive example, he cited India, where the sudden currency reform led to the collapse of cash circulation.

the Finance Minister stressed that this measure will help to bring purchases out of the shadows: “That’s right, it is part of the whitening of the economy. Through this tool it would be possible to collect more taxes, make the economy more transparent.”

With this particular strap, after which the calculations will be possible only in the form of cash, still to be discussed. In dialogue with Siluanov one of the participants of the Congress of “United Russia” proposed to establish a bar not less than 500 thousand rubles, and the Finance Minister agreed: “In any case, any (purchase) of an apartment or a car – the money to carry in bags or suitcases it’s simply, perhaps, last century.

the Idea is to limit the amount of cash payments from the fiscal authorities appeared in 2013. The Ministry of Finance then prepared a bill which was not agreed to by the agencies. One of the problems was the question of providing guarantees of affordable prices non-cash payments. Another controversial aspect is the provision of control over execution of the new requirements. In one of the last versions of the bill proposed to limit in the first phase, the amount of the cash payment of 600 thousand rubles, and further reduce it to 300 thousand rubles.

the Finance Ministry also insisted on the introduction of restrictions on settlements in cash in respect of all transactions, not just those that can be tested, as proposed by the Central Bank.

last Summer, the Minister of Finance, addressing members of the Federation Council, assured that the Ministry of Finance no plans to limit cash flow.

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