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Government complained to the issuance of vouchers airlines
The Russian Association of the Ministry of Prime Minister Mikhail Mishustin a letter in which asked to check the airline issuing vouchers instead of returning the money for tickets sold after may 1, according to “Izvestia”.
The letter notes that the issuance of airline vouchers instead of a refund for the tickets promotes fraudulent schemes, and passengers being deliberately misled, selling tickets, and for a few days before departure informing about the cancellation “due to the lack of permission for international flight.”
The source in one of the airlines explained that the voucher is the only possibility for carriers to maintain liquidity against the closure of international traffic and to avoid mass defaults.
the Central Bank extended the support for Russians and banks
Central Bank announced the extension until 31 December of the number of relief measures, introduced because of the pandemic coronavirus, and also reported on “implementation of the new countercyclical measures to support the economy”. About it writes “Kommersant”.
The regulator recommended that credit institutions in the framework of the programme to restructure the loans of citizens who got sick COVID-19 or faced reduced income, not to prescribe fines and penalties on restructured loans, and to suspend eviction proceedings the debtors.
As new measures, the Central Bank announced support for unsecured retail lending, and also extended relief for the reserves. Thus the interviewed experts consider the measures proposed by the Bank of Russia insufficient.
Russia and Cyprus have agreed on a new tax agreement
The Finance Ministry said that Cyprus agreed to the proposal to change the agreement in terms of increasing the tax on dividends and interest to 15%, and expect additional revenues of 150 billion rubles, reports “Kommersant”.
According to the newspaper, Russia stopped previously announced the procedure for the termination of the Agreement for avoidance of double taxation (DTT) with Cyprus. It is already known that income tax would exempt interest payments on corporate bonds and public debt.
While market participants are waiting for the document text “to see the wording on a number of exemptions and exceptions for institutional investors and public companies,” the newspaper said.
Russia hits record oil supplies in the U.S.
Russia for six months set in the US, 9.1 million tons of petroleum products 2.2 ��billion dollars, which is a record for 16 years. This is with reference to data of the Federal customs service, RBC.
According to the FCS, compared to the same period of 2019 shipments rose 2.3 times. In the United States accounted for over 12% of total Russian exports of petroleum products. Experts attribute this increase to the price of Russian oil products, as well as with us sanctions against Venezuela.
Russia has offered to reduce the property tax for large families.
The popular front took the initiative about reduction of the property tax for large families, please contact the Ministry of construction and Ministry of economic development. About this newspaper “Izvestia”.
The onf has proposed to increase the deduction of the cadastral value tax base with 5 square meters apartment and 7 sqm private house, multiplied by the number of children up to 18 sq. m.
This measure, according to the authors of the initiative will allow large families significantly save on tax. The initiative was supported by the state Duma and the Public chamber of Russia, the newspaper notes.
