With banks overwhelmed by desperate account holders and crowds of Indians taking to city streets to protest…
Topic: tax
Tax policies, regimes, and reform in Russia, Azerbaijan, Kazakhstan and Central Asia
Retailers warn of disruption from Russian road levy
Russian road levy: Russian retailers have warned that the introduction of a new federal levy on…
Azeri satellites exempted from property tax in bid to boost telecoms sector
Azeri satellites: Draft amendments to the country’s tax code have been put forward to Parliament as…
Finance Ministry explores ways of raising Russian oil tax
Russian oil tax: The Russian Finance Ministry is rumoured to be considering introducing a new mechanism for…
Re-registration deadline looms for Russian branch and representative offices
Re-registration deadline: Representative and branch offices of foreign companies working in Russia are in a race against time to re-register with…
Moscow approves two-year tax holiday for business start-ups
Moscow approves two-year tax holiday: The authorities in Moscow are to take advantage of legislation introduced late…
Internet copyright tax proposal circulated by Russian Ministry of Culture
Internet copyright tax: The Russian Ministry of Culture last week published a draft law proposing the introduction of…
Qatar and Kazakhstan sign taxation agreement
The governments of Qatar and Kazakhstan this week ratified an agreement to eliminate double taxation and to stamp…
Kazakh tax regime to remain unchanged for 10 years, Bank pledges
Kazakh tax regime: Daniyar Akishev, Deputy Chairman of the National Bank of Kazakhstan, has promised that there…
Anti-offshore legislation approved by Duma
alex83 / Shutterstock.com Anti-offshore legislation: Russian shareholders in offshore businesses working in the country will have…
Russian offshore taxation bill wins Duma support
Russian offshore taxation bill: All four parties in the Duma are putting their support behind a bill aimed…
Platinum export duties likely to be introduced
Platinum export duties: In its continued search for new sources of revenue, the Russian government is considering introducing export…
Software sales tax proposed to fund domestic production
Software sales tax: Russia’s Ministry of Communications is planning to introduce a 10% sales tax on major…
Russian personal income tax avoids raise
Russian personal income tax: Russia’s Prime Minister Dmitry Medvedev has decided not to raise the rate of…
Azerbaijan ecommerce sector gets government support
Azerbaijan ecommerce sector: Azerbaijan’s Communications and High Technologies Ministry is preparing proposals to support the development of…
Putin opts for Russian sales tax over VAT increase
Russian sales tax: President Putin has decided to introduce a sales tax instead of raising VAT as a means of…
Crimean business environment to be “like Cyprus”
Crimean business environment: Business conditions in Crimea are going to be similar to those in Cyprus according to…
Russian VAT rise prospects grow
Russian VAT rise: The Russian government is considering rising VAT, but has gone off the idea…
Russian income tax likely to rise
Russian income tax: The Russian government is considering raising income tax by between 1% and 2%…
Russian land tax on empty sites set to rise
Russian land tax: The Russian Government is proposing to increase the land tax rates on empty…
Russian offshore bill criteria relaxed
Russian offshore bill: Russia’s Finance Ministry has increased the profit threshold above which offshore companies need to…
VAT and Personal Income Tax may rise in 2019
VAT and Personal Income Tax: The Russian authorities are considering raising both VAT and Personal Income Tax…
Online duty free limit worth RUB60bn in taxes
Online duty free limit: The Russian Government’s decision to limit the value of duty-free goods bought online…
Online duty free allowance set at €150
Online duty free allowance: The personal online duty free allowance for goods bought over the internet or by mail order is to…