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:  The review of russian regulatory documents on taxation issues in September–October 2015
Abstract:  Although the latest period saw failure in coping with economic stagnation in Russia, it should be noted that Russian’s economy demonstrated a good stress resistance. In our opinion, this can be indicative of its gradual adaptation to the market. The ‘budget rule’ has proved effi cient – the fi scal relations system didn’t collapse due to high water in the area of Amur River; Pushkino Bank’s (the Moscow Oblast (Region)) sudden bankruptcy required no extra infusion of public funds and was localized with the resources allocated by the Deposit Insurance Agency. This is all indicative of that protection mechanisms of public fi nances were actuated in a proper manner in emergency, there was no need to increase tax burden or resort to unscheduled emergency-related fundraising. The key topic of discussion in the period under review a new pension formula and proposal to use its funded component to finance pay-as-you-go system in 2014. Furthermore, certain tax inititatives which needs to be polished were
discussed in the economic process
Classification-JEL: E62, E65, H21, H32
Keywords: Normative Documents, Taxation Issues, Russian economy
Journal: Russian Economic Developments
Year: 2015 
Issue: 11
Month: November
Pages: 77-82
File-URL: http://www.iep.ru/files/RePEc/gai/recdev/607Anisimova.pdf
File-Format: Application/pdf
Handle: RePEc:gai:recdev:607