Template-Type: ReDIF-Article 1.0
Author-Name:Lyudmila Anisimova
Author-Name-First:Lyudmila                                              
Author-Name-Last: Anisimova
Author-Workplace-Name: Gaidar Institute for Economic Policy
Title:  AN OVERVIEW OF NORMATIVE DOCUMENTS ON TAXATION ISSUES FOR JULY-AUGUST 2014
Abstract:  In the period under consideration, as a result of restrictions imposed by Russia on food imports from those countries that had introduced sanctions against the Russian Federation or those that have joined the anti-Russian economic policy, the domestic market was being artifi cially limited. This inevitably pushed up food prices. Now the ‘people’s deputies’ are puting forth proposals to the eff ect of imposing legislative constraints on product profi tability and price level. If such a law is actually passed, it can be expected that certain types of goods will be in defi cit, because in a situation of absence of an ‘iron curtain’ coupled with the ruble’s depreciation against foreign currencies Russian products will be exported to those markets where they can be sold at reasonable market prices; as a consequence, the Russian market will have to make do with goods unsellable in other markets. Thus, if we choose to rely on direct administrative methods – that is, follow the deputies’ suggestion and introduce price regulation – the situation can only become worse, so that soon products will have to be rationed, and the population will once again have to stand in long lines just to get food and other ‘bare necessities’.
Classification-JEL: E62, E65, H21, H32
Keywords: Normative Documents, Taxation Issues
Journal: Russian Economic Developments
Year: 2014 
Issue: 9
Month: September
Pages: 41-44
File-URL: http://www.iep.ru/files/RePEc/gai/recdev/380Anisimova.pdf
File-Format: Application/pdf
Handle: RePEc:gai:recdev:380