Articles by Dmitry Kazmin



City Committee to Drive Affordable Housing Plan

A Moscow City Hall committee has been created to provide housing at 50,000 to 60,000 rubles ($1,700 to $2,000) per square meter to people on the waiting list to obtain better living quarters.

Liberal Economist Joins Volodin

Prime Minister Vladimir Putin has appointed Anna Popova, a deputy economic development minister described by colleagues as a staunch liberal, as the first deputy for his new chief of staff, Vyacheslav Volodin.

Ministries Debate 'Modernization' Tax

The Finance Ministry hopes to raise revenue by taxing new equipment, as well as stolen or lost goods, but the Economic Development Ministry fears that the changes could interfere with modernization efforts.

Bloomberg Office in Profit-Tax Spat

Moscow tax authorities charged the Bloomberg news agency 120 million rubles ($4 million) in profit tax in 2006 to 2007, but the company refused to pay, saying it doesn't have a regular representative office in Russia, Vedomosti reported.

Transport Tax to Stay, Fuel Excises to Rise

During a meeting chaired by Prime Minister Vladimir Putin on Sunday, it was decided that excise taxes on gasoline will rise by 1 ruble per year in 2011, 2012 and 2013, a source in the government administration and an official familiar with the results of the meeting told Vedomosti.

Inteko Challenges Tax Claims in Court

Tax authorities are demanding that Yelena Baturina's developer Inteko pay almost $12 million for newly built apartments that have not yet been registered with their owners, setting the stage for a potentially key court ruling.

Finance Ministry Cancels Gilded Furniture Order

The Finance Ministry has canceled a tender to supply a gilded negotiating table and chairs after Vedomosti called to ask why it planned to spend up to 2.5 million rubles ($80,000) on the flashy furniture.

Unprecedented Perks in Store for Skolkovo Investors

President Dmitry Medvedev has ordered the government to develop by the end of May a special legal regime for the innovation city in Skolkovo that would stimulate investment, including tax holidays of up to 10 years and special privileges in state tenders.

State to Overhaul Migration Rules

The rules seek to attract foreign experts to work in Russia, part of a drive to modernize the economy.

Tax Breaks Planned for Innovation Investors

The government is planning to exempt investors from long-term capital gains taxes, but for now the rules would only apply to shares of companies not traded on exchanges, in hopes of stimulating private equity and venture capital investment.

Zubkov Victorious on Trade Bill Feud

In the new version of the bill on trade, the provisions on limiting fees and boundaries for expanding retail chains have remained unchanged.

President, Government Argue About Trade Bill

The presidential administration harshly criticized proposed State Duma legislation on trade, saying it hardly touches issues of protecting the rights of consumers.

Ministry Readies Tax Haven Curbs

President Dmitry Medvedev has requested legislation that would prevent Russian businesses from reducing their taxes through companies registered in countries with which Russia has double-taxation agreements.

TV Ad Giant Accused of Competition Violations

Gazprom-Media filed a complaint with the Federal Anti-Monopoly Service claiming that Video International and the channels it serves were secretly agreeing on their pricing policies and violating Article 11 of the law on competition.

Prosecutors Veto Plan For Customs Checks

Beginning next year, all planned checks on business need to be approved beforehand with the Prosecutor General's Office.

Swiss to Share Details On Russian Accounts

The move to allow Russia access to information on its citizens' Swiss bank accounts is part of a series of agreements being signed by the Swiss government meant to help countries in their pursuit of tax evaders.

Swiss to Share Information About Bank Accounts With Moscow

In May, a Russian Finance Ministry official said Switzerland was one of the countries with which the Russian government was negotiating new protocols for receiving tax information.

Duma Forms Group to Oversee Funds Reform

The working group will monitor the 2010 transition to a system under which payments from companies to the funds for pensions, social insurance and obligatory medical insurance will no longer be classified as taxes.

Prosecutors Shopping for a Flashy BMW

Having received no bids on an order of a $680,000 Mercedes last year, the Prosecutor GeneralТs Office has now decided to purchase a $116,000 BMW.

Bill Proposes Making Execs Liable for Losses

The Federal Service for Financial Markets has proposed legal changes that would allow shareholders to punish a companyТs management for unreasonable or unfair actions and legalize so-called golden parachutes for executives who have left.

MOESK Fined $1.4M After Dacha Complaint

A refusal to connect a Moscow region dacha to the local power grid could cost MOESK 45.4 million rubles ($1.4 million), the largest fine the Federal Anti-Monopoly Service has ever levied based on an individualТs complaint.

Ministry Seeks to Buy Gold-Decorated Bed

The Interior Ministry is looking to spend 24.4 million rubles ($764,000) on new furniture, including a bedroom suite decorated with pure gold, according to publicly available documents.

Service Gets Tough On Spelling Errors

The Federal Anti-Monopoly Service has annulled contracts worth 1.2 billion rubles ($38.5 million) for state orders because of typographical distortions in six declarations, and more than 2,000 other violations have been found and will be investigated.