Government refused to introduce a sales tax – Century – Daily Newspaper

Government refused to introduce a sales tax – Century – Daily Newspaper

Posted 20/09/2014 3:34. Edited 20.09.2014 03:34

Earlier section

Siluanov explained that the bill on the federal budget for 2015 and the period 2016-2017., which was approved by the government with a maximum deficit of 0.6% of GDP, provides for the following year revenues of $ 15.082 trillion rubles, the equivalent of 19.4% of GDP) and expenditures – 15.513 trillion rubles, which corresponds to 20% of GDP. Thus, the federal budget deficit should reach 430 billion rubles.

Earlier, according to committee chairman Andrew posts Makarov made by the fireplace in the State Duma a package of amendments to the Tax Code references to sales tax no. The head of the Budget Committee noted that at present the government’s decision is not to make this tax. In his words, the amendment will be considered before the State Duma of Russia will be submitted a draft budget for next year and the planning period 2016-2017,. The project must be submitted to Parliament before the end of September.

The draft law on the introduction of the Russian Federation Ministry of Finance has developed the NSP in the past month, and then submitted it to the government. It was noted that the rate of force had to start from next year, after which the regional authorities would be given the opportunity to taxation of goods and services taxes at a rate of 3%. Siluanov believes that it should have been raised at the regional income of 200 billion rubles.

The business community opposed to the tax was refunded. Russian Union of Industrialists and Entrepreneurs, said that the adoption of such a statutory provision would entail a reduction of production, rising prices (retail chains are predicting an increase in the cost of goods by 3%), a drop in demand for some goods and services that will be taxed on sales, as well as exacerbate competition, as some companies will inevitably begin to take a variety of measures to implement the evasion of this duty.

In the Russian Union of Industrialists and Entrepreneurs emphasized that the tax return will be buried hope to address the deficit in the regional budgets, as income from fees will be concentrated in the economically successful regions where recorded high turnover of retail trade.