The Budget Committee of the Russian Federation: The tax system is ...

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Head of the Committee on Budget and Taxes State Duma Andrey Makarov criticized Deputy Finance Minister Sergei Shatalov in connection with the attempt to withdraw the bill on the Eurobonds.

?In Russia, as you know, two misfortunes ? infrastructure and management, while the Russian tax system is only one ? it has a specific name and patronymic ? Sergey Shatalov,? ? A. Makarov told reporters, commenting on the attempts of the government and the faction ?Fair Russia? to withdraw the lower house of parliament, one of the amendments, which cancels the taxation of Eurobonds.

Meanwhile, earlier today when discussing the agenda of the plenary session of the Duma received an offer from the deputy of ?Fair Russia ?Andrei Krutova removed from the agenda consideration of a draft law on electronic documents between banks and tax authorities, under which the amendment is considered to eurobonds. Proposal ?SR? was supported by the Russian government representative in the Duma, Andrei Loginov, however, by a vote of the deputies left the bill on the agenda of today?s meeting.

Commenting on the incident, A. Makarov said that the problem originated with the taxation of eurobonds ?in connection with the wrong letter to Deputy Finance Minister Sergei Shatalov, which was signed last year. ?

?As a result, the market collapsed, our external borrowing for all companies, in effect, the credits went up, this month costs the country hundreds of millions. Moreover, we are forced out of the market, it replaces the other company, and we become harder and harder to obtain additional resources, ?- said the head of the Budget Committee.

He recalled that the bill was debated at all levels, has been two meetings of advisory council, and legislative initiative has been fully agreed. According A.Makarova, ?after that tried to disrupt S.Shatalov adoption of this bill?.

As to why this initiative came from the representative of ?Fair Russia?, A. Makarov said that ?it is is just an indicator of what is called an independent budget, ?Fair Russia?, than it actually is engaged in the party ?Fair Russia?, as she is independent and conductor whose ideas actually is ?.

Chairman of the budget Committee recalled that, in addition to the amendments to the Ministry of Finance of the Russian Federation Eurobonds ?tried to push through? position on the abolition of banking secrecy for the contributions of individuals. ?The amendment, proposed by the Ministry of Finance, would have led to a massive outflow of money from banks, which is quite obvious,? ? A. Makarov assured.

recall on the eve of the First Deputy Chairman of the Committee on Budget and Taxes MP ?Fair Russia ?Oksana Dmitrieva, told reporters that her group intends to support the two amendments proposed by the Ministry of Finance. ?We support the transaction tax on eurobonds, we see no reason why this type of activity needed to promote and give him the tax preferences?, ? told reporters O.Dmitrieva.

May 25, 2012

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