Support The Moscow Times!

Shuvalov: Government Won't Raise Taxes During Putin's 3rd Term

First Deputy Prime Minister Igor Shuvalov told a group of international investors that the Russian government is committed to reducing taxes in the next six years.

"Any decisions that the government makes during the president's current term will be aimed at making the lives of taxpayers easier," Shuvalov told RIA-Novosti on the sidelines of the Russia Day 2012 meeting at the New York Stock Exchange.

The government is due to discuss whether it would be best to increase tax revenues from sales or from VAT in order to perfect the tax system, Shuvalov added.

At the Russia Day meeting, which took place in the U.S. financial capital for the second year running, Shuvalov met with a group of 20 international investors that controls $6 billion in assets.

The talks touched on opportunities for investment in Russia, improving the investment climate and upcoming investment deals, RIA-Novosti reported.

Related articles:

… we have a small favor to ask. As you may have heard, The Moscow Times, an independent news source for over 30 years, has been unjustly branded as a "foreign agent" by the Russian government. This blatant attempt to silence our voice is a direct assault on the integrity of journalism and the values we hold dear.

We, the journalists of The Moscow Times, refuse to be silenced. Our commitment to providing accurate and unbiased reporting on Russia remains unshaken. But we need your help to continue our critical mission.

Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and you can be confident that you're making a significant impact every month by supporting open, independent journalism. Thank you.

Once
Monthly
Annual
Continue
paiment methods
Not ready to support today?
Remind me later.

Read more