TAX BURDEN IN RUSSIA WILL BE REDUCED

A&G Information Services 12-16-2002 TAX BURDEN IN RUSSIA WILL BE REDUCED ST.PETERSBURG, RUSSIA, DEC 16, 2002 (A&G News via COMTEX) -- In2003 the level of tax burden will decrease toless than 31% of GDP, announced the PrimeMinister Mikhail Kasyanov. In 2003 thegovernment will abolish the turnover taxes,which negatively influenced enterprise activity,in 2004 the sales tax will be abolished as well.There are also two possible variants ofreduction of the ...