Tuesday, October 4, 2011

The state budget will sacrifice business

Rules igry18-02-2008 state budget will sacrifice business in the federal budget may form a hole in one trillion rubles. This will happen if you do not will be answered on how to make low cost in the case of reducing the VAT rate to 10%. In addition, experts say the tax cut would not solve the problem of VAT administration, but rather to increase the impact of the tax authorities of the enterprise. Russian business has endorsed the proposal by President Vladimir Putin to reduce the VAT rate now stands at 10%. However, the Finance Ministry for its part is ready to concede the reduction to only 15-16%. Now the tax is 18%, and reduced rate for socially important goods - 10%. According to the president of the Union of Industrialists and Entrepreneurs Alexander Shokhin, the rate of 10% slash "return fraud." Bigness.ru experts interviewed disagree with this statement: save 18% more profitable than 10%. In addition, reducing the tax burden will help enterprises to develop, and improve tax collection.

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