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Business finances, including banking, bookkeeping, VAT and other taxes.

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Russia may gradually replace VAT by sales tax in 2009-2011

Russia's value-added tax may be gradually replaced by the sales tax in 2010-2011, a presidential adviser said.
The head of the expert department with the Kremlin administration, said the move was related to the refund of the value-added tax on export operations, which involved a complicated procedure in comparison with the sales tax.
"We are becoming increasingly convinced that we need to withdraw from this tax gradually in 2009-2011," Dvorkovich said.
Dvorkovich also ...
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