Medvedev: the process of Declaration of foreign assets is slow

Medvedev: the process of Declaration of foreign assets is slow


at a meeting on the legislation on controlled foreign companies and the voluntary Declaration of assets of the Russian Prime Minister proposed to discuss the reason for such inactivity, and to clarify the powers of the regulatory authorities.

SLIDES, 9 Oct. The process of Declaration of foreign assets has been slow, it is necessary to take further decisions, said Prime Minister Dmitry Medvedev.

“According to information we have, according to tax service, the process is very slow, much slower pace than it initially expected. Need to discuss what additional solutions are possible that take into account the legislation, which does not take into account what the reason for this inactivity, including, probably, and clarify the authority of the regulators and some other things,” — said Medvedev at a meeting on the legislation on controlled foreign companies and the voluntary Declaration of assets.

He reminded that the filing deadline expires, by law, at the end of this year.