Registration was successful!
Please follow the link from the email sent to

Tax burden on business to grow says finance minister

© RIA Novosti . Ilya Pitalev / Go to the photo bankFinance Minister Alexei Kudrin
Finance Minister Alexei Kudrin - Sputnik International
Subscribe
The tax burden on Russian businesses will increase by 2.3 percent in 2011 and 3.6 percent in 2013 compared with the current year, Finance Minister Alexei Kudrin said on Wednesday.

The tax burden on Russian businesses will increase by 2.3 percent in 2011 and 3.6 percent in 2013 compared with the current year, Finance Minister Alexei Kudrin said on Wednesday.

"Taxes on business will grow by 2.3 percent in 2011 on the 2010 level and by an additional 3.6 percent by 2013 burden," Kudrin said at a session of the upper chamber of the Russian parliament.

Kudrin said the tax burden will largely rise due to the government-approved increase in social security payments to 34 percent from the current 26 percent and due to the growth in excise duties on gasoline, tobacco and alcohol.

The increase in oil and gas extraction duty will also add to the tax burden, he said.

 

MOSCOW, October 6 (RIA Novosti)

Newsfeed
0
To participate in the discussion
log in or register
loader
Chats
Заголовок открываемого материала