14:19 GMT +318 December 2018
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    URGENT: Finance Ministry to Solve VAT Reimbursement Problem

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    MOSCOW, June 1 (RIA Novosti) - Russia's Finance Ministry promised to eliminate the barriers for VAT reimbursement in capital investment, export operations and advance payments in 2006-07.

    Sergei Shatalov, the deputy finance minister, said Wednesday, "relevant bills have already been drafted." It will bring the tax into line with international standards, he said.

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