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Russian presidential aide forecasts lower taxes in Russia in 3-5 years

© RIA Novosti . Mikhail Fomichev / Go to the mediabankRussian presidential aide Arkady Dvorkovich
Russian presidential aide Arkady Dvorkovich - Sputnik International
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Taxes are likely to be lowered in Russia in three to five years while the 0.5-1 trillion ruble tax burden could be redistributed in the next two years, Russian presidential aide Arkady Dvorkovich said on Tuesday.

Taxes are likely to be lowered in Russia in three to five years while the 0.5-1 trillion ruble tax burden could be redistributed in the next two years, Russian presidential aide Arkady Dvorkovich said on Tuesday.

"I believe that general tax reduction is an issue to be considered in three to five years, that is, after 2013. If we speak about the short-term perspective, we should think more about redistribution of the tax burden rather than tax reduction in general," Dvorkovich said at a business forum on modernization of enterprises in the real sector of the Russian economy.

The forum's participants put forward the idea of redistributing a 3 trillion ruble tax burden between sectors. Dvorkovich said, however, that the figure of 0.5-1 trillion rubles was more realistic, which implied raising taxes on tobacco, alcohol and luxury residential property and simultaneously cutting other taxes.

"As far as oil and gas are concerned ... we need more delicate decisions linked to the plans of development of the corresponding sectors," he said.

MOSCOW, September 14 (RIA Novosti) 

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