Review of Regulatory Documents As Regards Taxation Issues in April-May 2013

In the period under review, a struggle for the budget funds of the next fiscal year took place. On April 30, 2013, the Ministry of Finance of the Russian Federation submitted for consideration by the Government of the Russian Federation the draft Main Guidelines of the Tax Policy in 2014 and the 2015-2016 planned period. According to experts’ estimates, the Government does not intend to change the structure of the tax system in the 2014–2016 period and introduce new taxes, except for those which has already been submitted to the State Duma. However, the Ministry of Finance has found reserves for tax revenues growth, that is, raising of rates, changing of rules of calculation and payment of some taxes and specification of procedures for collection of those taxes1. In their turn, entrepreneurs insist on easing of the tax policy. On May 23, 2013, at the meeting in Voronezh – dedicated to the issues of development of the domestic entrepreneurship – President Vladimir Putin promised to consider the business community’s proposal on the tax maneuver; however he pointed out that proposals regarding tax amnesty and tax holidays at newly established small business enterprises were not developed sufficiently, nor were convincing enough.