Russia's real-estate taxation system may be changed in 2013, Deputy FinMin Sergei Shatalov told. He said it was unlikely to be changed in 2012. Russian officials said earlier that a single real-estate tax would replace the personal property tax, corporate property tax, and land tax, and that it would be based on the market value of property. Current property and land taxes are based on the book value of property. |
|
As Cyprus is trying to come up with new ways to raise EUR 5.8bn needed to secure the financing from ECB, EC, and IMF, Russia's participation in the package is not clear. According to the latest ... more
Fitch Ratings believes that resolution of the Cyprus crisis with a deposit levy or some other form of burden sharing involving creditors is unlikely to result in material losses for Russian ... more
Russia and China discuss contracts that would triple exports of Siberian oil through various transport corridors, Reuters reports citing unnamed sources in the industry. Rosneft is discussing ... more