Siluanov rejected plans to impose a tax on currency exchange


Moscow. December 29. The authorities do not plan to impose new taxes on foreign exchange transactions, said Finance Minister Anton Siluanov on air of TV channel “Russia 24”.

“There are no plans in government to impose additional taxes including currency exchange operations no,” he said.

The Minister noted that the introduction of the Central Bank of the Russian Federation new rules of identification of clients by banks for currency exchange are aimed at the prevention of money laundering. “It is in any case is not a measure that can be used to introduce taxes on currency exchange operations”, – he stressed.

As reported, on December 27 entered into force introduced by the Bank of Russia new rules of identification of clients by banks. When buying and selling currency on the sum more than 15 thousand banks in the framework of customer identification would be to fill in a questionnaire. Some media speculated that this may be followed by tightening of taxation of such transactions.