President Putin considers it a must to streamline tax collecting procedures

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MOSCOW. 12 February (RIA Novosti). Russian President Vladimir Putin considers it a must to settle the issue of reducing the uniform social tax and streamlining the tax administration.

In the course of the meeting with his agents, held at Moscow State University on Thursday, presidential candidate Vladimir Putin was quoted as saying that "we have to bring the ongoing tax reform to an end." "First and foremost, it is necessary to reduce the uniform social tax, streamline the tax administration, and clear up all issues, pertaining to the property tax, and taxes on super-profits, derived by raw material exporters, given high prices in the international market," he said.

According to Putin, "the tax system will finally become stable, after we have achieved a reduction in overall taxes." "It has to be closely linked to inter-budgetary relations, and the ongoing power redistribution among various authorities on short notice," Putin said.

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