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Putin Signs New Tax Law

by Tatiana Smolenskaya, Tax-News.com, Moscow

29 July 2004

Russian President Vladimir Putin has signed a federal law amending the second part of the Federal Tax code, relating to tax on imputed income, the press service of the head of state reported on Tuesday.

The changes deal with the introduction of a single tax on imputed income, and enlarge the list of entrepreneurial activities on which the single imputed income tax can be levied.

The new law was passed by the State Duma on July 2, 2004 and approved by the Federation Council on July 7.

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