Putin aide called for reduction of taxes in Russia

Assistant to the President of Russia Vladimir Putin, Andrei Belousov, commenting on the ideas of Finance Ministry to raise taxes, said that taxes in Russia it is always necessary to reduce, reports “RIA Novosti”.

“I believe that taxes always need to reduce”, — said Belousov.

The newspaper “Vedomosti” on 31 August, citing seven Federal officials wrote that the Finance Ministry prepared a meeting with first Deputy Prime Minister Igor Shuvalov budget forecast, suggesting an increase in some taxes. The publication studied the materials of the Ministry of Finance, said that the Agency wants in 2017-2019 an additional budget of nearly 2.5 trillion rubles, collecting the money from the oil companies and “Gazprom”, the tobacco companies took more dividends out of state companies and setting the excise tax on drinks with added sugar and VAT on e-Commerce.

In addition, the Ministry of Finance has estimated that raising taxes on profits, property tax, value added tax, income tax and insurance contributions by 1 percentage point would bring the budget from 170 billion to 324 billion rubles. one of the proposals is to increase the single rate personal income tax of 15-16% and enter the non-taxable minimum, wrote “Vedomosti”.

At a meeting with Shuvalov has considered various proposals, but none of them had been taken, told the newspaper the representative of the Ministry of Finance. Three participants said that the Agency sent to count and think. Additional revenues for the budget urged to seek to administer, and the exhaustion of this reserve is to put forward other ideas, but definitely not now and definitely not as good as proposed, said the Federal official. No decisions on these issues were not taken, confirmed a press-the Secretary of Prime Minister Natalia Timakova.