The review of russian regulatory documents on taxation issues in September–October 2015

Lyudmila Anisimova
Additional contact information
Lyudmila Anisimova: Gaidar Institute for Economic Policy

Russian Economic Development, 2015, issue 11, 77-82

Abstract: Although the latest period saw failure in coping with economic stagnation in Russia, it should be noted that Russian’s economy demonstrated a good stress resistance. In our opinion, this can be indicative of its gradual adaptation to the market. The ‘budget rule’ has proved effi cient – the fi scal relations 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 indicative of that protection 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 inititatives which needs to be polished were discussed in the economic process

Keywords: Normative Documents; Taxation Issues; Russian economy (search for similar items in EconPapers)
JEL-codes: E62 E65 H21 H32 (search for similar items in EconPapers)
Date: 2015
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.iep.ru/files/RePEc/gai/recdev/607Anisimova.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gai:recdev:607

Access Statistics for this article

Russian Economic Development is currently edited by Alexei Vedev

More articles in Russian Economic Development from Gaidar Institute for Economic Policy Contact information at EDIRC.
Bibliographic data for series maintained by Olga Beloborodova ( this e-mail address is bad, please contact ).