MOSCOW AGAINST VARIATIONS IN REGIONAL TAXES.

Publication: Monitor Volume: 1 Issue: 15

While noting that regions havethe right to attract industry through favorable tax arrangements, the Russianfinance ministry said that it will oppose major variations in the rate oftaxes charged in different regions, Segodnya reported May 18. While a commontax regime would promote investment, recent experience suggests that Moscowis not in a position to enforce its views on this matter.

Moonshine Costs Moscow Money.