Earlier this week, the State Duma received a bill with prospective amendments to the Tax Code. Following a discussion by …
Microfinancing organizations bypass lending restrictions
Microfinancing organizations are finding new loopholes in lending restrictions. The new conditions that took effect on July 1 were supposed …
Microcredit rates plummet sharply
The Central Bank-sponsored amendments to legislation limiting the interest rate on microcredits to 1% per day, or 365% per annum, …
Russia to ban single-use plastic items
The Russian Ministry of Natural Resources and Environment is preparing to ban the selling of single–use plastic products such as …
State Duma suggests increasing customs duty on imported aircraft
The Russian parliament suggests increasing customs duty and other taxes for airlines that use foreign aircraft. They believe that this …
Automated defibrillators will treat heart conditions in the metro and airports
Automated external defibrillators (AEDs) – portable electronic devices that can correct life-threatening cardiac conditions – will be installed in the …
State Duma approves website shutdowns for insulting the authorities
State Duma, the Russian parliament’s lower house, has finally approved a package cracking down on fake news that insult the …
Russians will make money selling their data
The Internet Initiatives Development Fund (IIDF) is going to develop a draft law which will allow for a free circulation …
Russian senators suggest cell phone tax
Russia’s Federation Council has prepared a draft law which introduces a paid registration of cell phones and all other devices …
Large Russian businesses to receive new privileges
Russia’s large businesses might receive new concessions. The Russian Ministry of Finance has developed a draft law which guarantees new …