The bill was developed by the Ministry of Finance. Currently, the Bank of Russia transfers to the Federal budget 75% of the net profit.
MOSCOW, 12 Oct. A bill to transfer to the Federal budget 90% of the net profit of the Bank for the year 2015 submitted to the state Duma, said in the database of the lower house of Parliament.
Under current law, the Bank of Russia transfers to the budget 75% of the profits.
The developer of the draft law is the Ministry of Finance. The document assumes that the Central Bank after approval by the Board of Directors financial statements for the year 2015 lists the Federal budget 90% of actual profit remaining after taxes and fees.