Transferring part of VAT to poor regions could make them poorer

December 24. FINMARKET.RU – Oleg Kolesnikov and Andrei Baryshev, State Duma deputies from United Russia, have submitted a draft law “On Amendments to the Budget Code of the Russian Federation (in order to financially support regions and the development of small towns)”. In it, the legislators proposed to give the regions a part of the VAT collections, which are now fully paid into the federal budget, Vedomosti writes.

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