Publication: Monitor Volume: 1 Issue: 51

. One of the provisionsof a Duma-passed tax bill drops special levies on firms who usethe words "Russia" or "Russian" in their names,FIA-Interfax reported July 12. The new tax code, which still mustbe cleared by the Federation Council and signed by Yeltsin, reducedthe total number of permissible local taxes from 23 to three andputs severe restrictions on the ability of regional authoritiesto raise money through the tax code.

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