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Russian Government Says Top Priority Is To Reduce Tax Burden

by Tatiana Smolenskaya, Tax-News.com, Moscow

06 December 2002


Speaking on Thursday, Russian Prime Minister, Mikhail Kasyanov stressed that the government's top priority is to continue reducing the tax burden in an efficient manner.

The Pravda news service revealed that at the opening session of government yesterday - which was dedicated to discussion of tax reform - the Prime Minister announced that in 2003, the total tax take will be reduced to less than 31% of GDP. This compares to 34% in 2000. Mr Kasyanov also revealed that the size of the Russian tax burden corresponds with the norms of European Union and pre-accession countries.

According to Pravda, the Prime Minister also stressed the beneficial effects of the tax reforms enacted so far, including the uniform income tax rate, which has boosted revenues considerably since its introduction.


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