The Government Russia is considering the idea of the VAT increase and reduction of insurance premiums, which will bring out of the shadows about $ 9 billion, Bloomberg reported. According to “Interfax”, the VAT can grow up to 25%, and contributions – down to 20%
The Ministry of Finance has proposed to reduce insurance deductions, and at the same time to increase VAT, Bloomberg reported, citing three sources. According to one of the interlocutors of the agency, this measure will help the Russian authorities to receive about 30% ($ 9 billion) of the amount that employers pay “in envelopes” (according to Ministry of Finance estimates that the budget so found ourselves short of about 2 trillion rubles. ($ 30, 7 billion). The plans of the Ministry of Finance to raise the VAT and reduce insurance premiums on the eve also reported “Vedomosti” a reference to the number of federal officials. Publishing interlocutors argued that such a measure could provide domestic support. The press service of the Ministry of Finance to comment on this information did not .
«This proposal is connected with the desire to bring the salary of the shadows, to reduce the burden on businesses,” – said Bloomberg Vladimir Tikhomirov, chief economist at Moscow BCS Financial Group «The problem is that there is a downside.. Increasing the VAT rate will lead to an acceleration of inflation, and this decision will indirectly affect the ruble, “- said he
As a source told” Interfax “agency familiar with the preliminary calculations, the increase of VAT within the Ministry of Finance of the ideas could be. be at least 25% Now this tax is 18%, in case of realization of children’s products, periodicals, book products connected with education, science and culture, health care products applied VAT at 10%. When exporting goods provided tax refund.
To reduce the premiums, by the official agency, can up to 20%. Currently, their total rate is 30%
A more accurate calculations the Ministry of Finance may submit after the elections to the State Duma, the source said
«The idea of fiscal devaluation, as in the EU -.. In enhancing the competitiveness of domestic production by reducing labor taxes (VAT and excise duties on export shall be reimbursed) and the rise in price of imports due to the VAT increase “, – explained« Interfax »
« above [the VAT rate of 25%]. , of course, it is scary. And it is necessary to maneuver in that period, which covered three years old. Ideally – in 2017. To reduce the premiums as well as to raise VAT to excise taxes significantly. Up to 20%, of course, unlikely, but the benchmark has to be precisely this “- said the source agency
At the same time, as Bloomberg points out, none of the tax changes is not considered in the budget for the coming year. .
Earlier, in May this year, The Wall Street Journal citing a number of Russian officials reported that the Russian authorities are discussing plans to change the tax system after the presidential elections in 2018. They also talked about a possible increase in VAT and, in addition, the introduction of a progressive income tax. “There is a debate about how to ensure that taxes are not excessive and do not look very strong blow to the population”, – said one of the interlocutors WSJ. In a conversation with the newspaper officials pointed out that the Russian authorities is no consensus on raising taxes and the final decision will take the country’s political leadership.
No comments:
Post a Comment