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Review Of Taxation Regulatory Documents Issued In The Period Of September Thru October 2013

Author

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  • Lyudmila Anisimova

    (Gaidar Institute for Economic Policy)

Abstract

Although the latest period saw failure in coping with economic stagna?? on in Russia, it should be noted that Russian’s economy demonstrated a good stress resistance. In our opinion, this can be indica?? ve of its gradual adapta?? on to the market. The ‘budget rule’ has proved effi cient – the fi scal rela?? ons system didn’t collapse due to high water in the area of Amur River; Pushkino Bank’s (the Moscow Oblast (Region)) sudden bankruptcy required no extra infusion of public funds and was localized with the resources allocated by the Deposit Insurance Agency. This is all indica?? ve of that protec?? on mechanisms of public fi nances were actuated in a proper manner in emergency, there was no need to increase tax burden or resort to unscheduled emergency-related fundraising. The key topic of discussion in the period under review a new pension formula and proposal to use its funded component to finance pay-as-you-go system in 2014. Furthermore, certain tax ini?? a?? ves which needs to be polished were discussed in the economic process

Suggested Citation

  • Lyudmila Anisimova, 2013. "Review Of Taxation Regulatory Documents Issued In The Period Of September Thru October 2013," Russian Economic Development, Gaidar Institute for Economic Policy, issue 11, pages 56-63, November.
    • Handle: RePEc:gai:recdev:240
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    More about this item

    Keywords

    Normative Documents; Taxation Issues;

    JEL classification:

    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
    • E65 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Studies of Particular Policy Episodes
    • H21 - Public Economics - - Taxation, Subsidies, and Revenue - - - Efficiency; Optimal Taxation
    • H32 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - Firm

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