Taxation In Russia
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Taxation In Russia
The Russian Tax Code (russian: Налоговый кодекс Российской Федерации) is the primary tax law for the Russian Federation. The Code was created, adopted and implemented in three stages. The first part, enacted July 31, 1998, also referred to as the ''General Part'', regulates relationships among taxpayers, tax agents, tax-collecting authorities and legislators, tax audit procedures, resolution of disputes, and enforcement of law. The second part, enacted on August 5, 2001, defines specific taxes, rates, payment schedules, and detailed procedures for tax calculations. It was significantly amended in 2001–2003 with additions like the new Corporate tax, corporate profits tax section and the new #Special taxation frameworks, simplified tax system for small business. The Code is subject to regular changes which are affected through federal laws. The Code is designed as a complete national system for federal, regional and local taxes but excludes Russi ...
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Russian Federation
Russia (, , ), or the Russian Federation, is a List of transcontinental countries, transcontinental country spanning Eastern Europe and North Asia, Northern Asia. It is the List of countries and dependencies by area, largest country in the world, with its internationally recognised territory covering , and encompassing one-eighth of Earth's inhabitable landmass. Russia extends across Time in Russia, eleven time zones and shares Borders of Russia, land boundaries with fourteen countries, more than List of countries and territories by land borders, any other country but China. It is the List of countries and dependencies by population, world's ninth-most populous country and List of European countries by population, Europe's most populous country, with a population of 146 million people. The country's capital and List of cities and towns in Russia by population, largest city is Moscow, the List of European cities by population within city limits, largest city entirely within E ...
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Government Of Russia
The Government of Russia exercises executive power in the Russian Federation. The members of the government are the prime minister, the deputy prime ministers, and the federal ministers. It has its legal basis in the Constitution of the Russian Federation and the federal constitutional law "On the Government of the Russian Federation". The Apparatus of the Government of Russia is a governmental body which administrates the activities of the government. According to the 1991 amendment to the 1978 constitution, the President of Russia was the head of the executive branch and headed the Council of Ministers of Russia. According to the current 1993 constitution, the president is not a part of the government of Russia, which exercises executive power. However, the president appoints the prime minister. History The large body was preceded by Government of the Soviet Union. Since the Russian Federation emerged from 1991 to 1992, the government's structure has undergone several m ...
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Washington Post
''The Washington Post'' (also known as the ''Post'' and, informally, ''WaPo'') is an American daily newspaper published in Washington, D.C. It is the most widely circulated newspaper within the Washington metropolitan area and has a large national audience. Daily broadsheet editions are printed for D.C., Maryland, and Virginia. The ''Post'' was founded in 1877. In its early years, it went through several owners and struggled both financially and editorially. Financier Eugene Meyer purchased it out of bankruptcy in 1933 and revived its health and reputation, work continued by his successors Katharine and Phil Graham (Meyer's daughter and son-in-law), who bought out several rival publications. The ''Post'' 1971 printing of the Pentagon Papers helped spur opposition to the Vietnam War. Subsequently, in the best-known episode in the newspaper's history, reporters Bob Woodward and Carl Bernstein led the American press's investigation into what became known as the Watergate scandal, ...
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Decree Of The President Of Russia
A Decree of the President of the Russian Federation (russian: Указ Президента Российской Федерации; ''Ukaz Prezidenta Rossiyskoy Federatsii'') or Executive Order (Decree) of the President of Russia is a legal act (''ukase'') with the status of a by-law made by the President of Russia. As normative legal acts, such have the status of by-laws in the hierarchy of legal acts (along with Decrees of the Government of the Russian Federation and instructions and directions of other officials). Presidential decrees may not alter existing laws of higher precedence – Russia's international agreements, the Constitution of Russia, Federal Constitutional Laws, Federal Laws and laws of Russian regions – and may be superseded by any of these laws. For example, because of Article 15 of the Constitution of Russia, the European Convention on Human Rights, as an international document, has higher status than any Russian law or presidential executive order. See ...
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Prime Minister Of Russia
The chairman of the government of the Russian Federation, also informally known as the prime minister, is the nominal head of government of Russia. Although the post dates back to 1905, its current form was established on 12 December 1993 following the introduction of a new constitution. Due to the central role of the president of Russia in the political system, the activities of the executive branch (including the prime minister) are significantly influenced by the head of state (for example, it is the president who appoints and dismisses the prime minister and other members of the government; the president may chair the meetings of the cabinet and give obligatory orders to the prime minister and other members of the government; the president may also revoke any act of the government). The use of the term ''prime minister'' is strictly informal and is never used in the constitution. Mikhail Mishustin is the current prime minister. He was appointed on 16 January 2020 after ...
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Sergei Kiriyenko
Sergey Vladilenovich Kiriyenko (''Birth name, né'' ''Izraitel''; russian: Серге́й Владиле́нович Кирие́нко; born 26 July 1962) is a Russian politician who has served as First Deputy Chief of Staff of the Presidential Administration of Russia since 5 October 2016. Previously he served as the 30th Prime Minister of Russia from 23 March to 23 August 1998 under President Boris Yeltsin. Between 2005 and 2016 he was the head of Rosatom, the state nuclear energy corporation. Kiriyenko was the youngest Prime Minister of Russia, taking the position at age 35. Early life Sergei Kiriyenko's grandfather, Yakov Israitel, made his name as a devoted communist and member of the Cheka,Victor YasmanRussia: Sergei Kiriyenko -- Russia's 'Kinder Surprise'Radio Free Europe/Radio Liberty. 15 February 2006. and Vladimir Lenin awarded him with an inscribed pistol for his good service to the Communist Party of the Soviet Union. Sergei Kiriyenko, son of a History of the Jews ...
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1998 Russian Financial Crisis
The Russian financial crisis (also called the ruble crisis or the Russian flu) began in Russia on 17 August 1998. It resulted in the Russian government and the Russian Central Bank devaluing the ruble and defaulting on its debt. The crisis had severe impacts on the economies of many neighboring countries. Background and course of events The Russian economy had set up a path for improvement after the Soviet Union had split into different countries. Russia was supposed to provide assistance to the former Soviet states and, as a result, imported heavily from them. In Russia, foreign loans financed domestic investments. When it was unable to pay back those foreign borrowings, the ruble devalued. In mid-1997 Russia had finally found a way out of inflation. The economic supervisors were happy about inflation coming to a standstill. Then the crisis hit and supervisors had to implement a new policy. Both Russia and the countries that exported to it experienced fiscal deficits. The cou ...
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Veto
A veto is a legal power to unilaterally stop an official action. In the most typical case, a president or monarch vetoes a bill to stop it from becoming law. In many countries, veto powers are established in the country's constitution. Veto powers are also found at other levels of government, such as in state, provincial or local government, and in international bodies. Some vetoes can be overcome, often by a supermajority vote: in the United States, a two-thirds vote of the House and Senate can override a presidential veto. Article I, Section 7, Clause 2 of the United States Constitution Some vetoes, however, are absolute and cannot be overridden. For example, in the United Nations Security Council, the permanent members ( China, France, Russia, the United Kingdom, and the United States) have an absolute veto over any Security Council resolution. In many cases, the veto power can only be used to prevent changes to the status quo. But some veto powers also include the ...
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Mikhail Mikhailovich Zadornov
Mikhail Mikhailovich Zadornov (born 4 May 1963 in Moscow) is a Russians, Russian economist, Chairman of the Management Board of Otkritie FC Bank, President and Chairman of the Management Board of VTB 24 in the years 2005–2017, government official, Russian Minister of Finance from 1997–1999, Russian State Duma Deputy, 1st – 4th Convocations. Recipient of the Order "For Merit to the Fatherland" IV class and a Certificate of Honour from the Russian Government. Family and early life Mikhail Zadornov was born on 4 May 1963 in Moscow to a family of geologists and spent his early years with his parents in Kamchatka Oblast (in 1995, he was elected as this region's deputy to the Russian State Duma). Education In 1980, Zadornov graduated with honours (gold medal) from Secondary School No. 875 in Moscow. In 1984, Zadornov graduated with honours (“red diploma”) from Plekhanov Moscow Institute of People's Economy (currently known as Plekhanov Russian University of Economics). In 1 ...
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Yury Luzhkov
Yury Mikhailovich Luzhkov ( rus, Ю́рий Миха́йлович Лужко́в, p=ˈjʉrʲɪj mʲɪˈxajləvʲɪtɕ lʊˈʂkof; 21 September 1936 – 10 December 2019) was a Russian politician who served as mayor of Moscow from 1992 to 2010. Before the election of Gavriil Popov as the first mayor of Moscow, he also headed the capital in 1990-1991 as chairman of the Mosgorispolkom. He was the vice-chairman and one of the founders of the ruling United Russia party. During Luzhkov's time, Moscow's economy expanded and he presided over large construction projects in the city, including the building of a new financial district. At the same time, he was accused of corruption, bulldozing historic buildings, and poor handling of traffic, as well as the city's smog crisis during the 2010 Russian wildfires. On 28 September 2010, Luzhkov was fired from his post by a decree issued by President Dmitry Medvedev.
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National Budget
A government budget is a document prepared by the government and/or other political entity presenting its anticipated tax revenues (Inheritance tax, income tax, corporation tax, import taxes) and proposed spending/expenditure (Healthcare, Education, Defence, Roads, State Benefit) for the coming financial year. In most parliamentary systems, the budget is presented to the legislature and often requires approval of the legislature. Through this budget, the government implements economic policy and realizes its program priorities. Once the budget is approved, the use of funds from individual chapters is in the hands of government ministries and other institutions. Revenues of the state budget consist mainly of taxes, customs duties, fees and other revenues. State budget expenditures cover the activities of the state, which are either given by law or the constitution. The budget in itself does not appropriate funds for government programs, hence need for additional legislative measure ...
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