Experts: installment payment of VAT - a paradise for "ephemeral"

Government Regulation igry22-09-2008 Experts: installment payment of VAT - a paradise for "ephemeral" The government has put an end to discussions about reducing the VAT. Only tried to please the business will be the introduction from October 1, delaying the quarterly payments of VAT by three months. Our experts believe that this measure will do more harm than good. Today, First Deputy Prime Minister and Finance Minister Alexei Kudrin said that the Duma will be on a bill to introduce from October 1, delaying the quarterly payments of VAT by three months. Russian Prime Minister Vladimir Putin approved the measure. "I deem it necessary and additional measures to prepare the government and the Central Bank", - said Putin. "Hire a quarterly payment of VAT for a period of three months is nothing, as the provision of short-term loan in the amount of tax liability. This is a timely proposal of the Russian government is no doubt commendable and will support a business in a developing crisis, which, of course, will affect the pace of demand for goods and services "- said in an interview Bigness.ru Director of Corporate Development Department of JSC" ICLC "Vladislav Kvetinsky. The analyst also added that in a volatile market conditions the company may experience difficulties in terms of stable sales and cash inflow. Relaxed state conditions on terms of payment of VAT in this case is a very timely idea.