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Ministry of Finance proposals to increase tax penalties

|Proposed Changes|Russia
Russia

On 14 August 2009, the Ministry of Finance placed on its official website a Bill on changes of penalties for violation of the tax legislation. The Ministry of Finance proposes to increase monetary penalties from 1 January 2010, as follows:

-   from RUR 5,000 to 10,000 for refusal to submit information about taxpayers;

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