The largest companies of Petersburg in January, has reduced revenues to the city budget by 30%


ST. PETERSBURG, February 18. /Corr. Svetlana Afonina/. Major companies-taxpayers of St. Petersburg in January, has reduced revenues to the city budget by 30% compared to the same period last year. This was announced at the meeting, the head of management of Federal tax service (FTS) of Russia for St. Petersburg Valentina Karyazina.

“Over the last two years the share of revenues of the largest taxpayers in the budget revenues of the city decreased from 15% to 10%. In January 2016, this trend continued: income tax payments to the city budget from the largest taxpayers decreased in comparison with January of 2015 by a third or by half a billion rubles”, – she said.

The head of the Department said that by the end of 2015’s biggest taxpayers transferred to the budget of 36 billion rubles. It’s 15% or more than 6 billion rubles less than in 2014. In the FTS attribute this to the effects of the difficult economic situation.

The authorities of St. Petersburg since the middle of 2000-x years of negotiating with top management of large companies about their translation on tax registration to St. Petersburg, to increase revenues to the city budget. Among the largest taxpayers, which were re-registered in Petersburg “Gazprom Neft”, “SIBUR holding”, “SCF”, subsidiary of “Rosneft” and “LUKOIL”.