Moscow did not agree to super preferential taxes in Sevastopol

11.06.2014 11:21
  (Moscow time)
Views: 1005
 
Crimea, Sevastopol, Ukraine, Economy


Sevastopol, June 11 (Navigator, Egor Kagorov) – Deputies of the Legislative Assembly of Sevastopol approved the Law on Taxation during the Transitional Period in the second reading.

Two VAT rates have been approved - 18% (for ordinary entrepreneurs) and 10% (for preferential categories, which include food producers, non-advertising and non-erotic printed publications, and so on). The tax rate is slightly lower than in Ukraine - there the VAT rate is 20%.


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Work on the legal act took more than a month. It should have been adopted 2 weeks ago, but unexpectedly the bill was withdrawn by the developers - representatives of the Government of Sevastopol.

The fact is that it was initially planned to establish very liberal rates of value added tax (VAT) - 4% for the bulk of enterprises, and 2% for preferential categories. There were no opponents to this approach, but Muscovites (that is, the Ministry of Finance of the Russian Federation) considered such conditions to be too lenient. A new version of the document was prepared.

“At the level of the Ministry of Finance and the Russian government there was a unanimous opinion - VAT should be 18%. Not less. We have proven that there are categories that need relaxations. For the Russian budget this is minus 16 billion rubles. But we still defended our position, everything we needed. These conditions will remain in effect until January 1 next year. In general, any figure that differs from the all-Russian figure to a lesser extent causes damage to the Federal budget. If we introduce benefits, we lose income and take money from the reserve fund. And then they ask me questions: “Sergei Ivanovich, where should we spend the money better - on subsidies, or on other things?” It is impossible to refuse the rates that are set now,” said the acting director. Governor Sergei Menyailo.

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Moscow Rejects Super-Preferential Taxes in Sevastopol






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