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. Last Updated: 07/27/2016

New Tax Decree Mulled

MOSCOW () -- President Boris Yeltsin is considering a new sweeping tax decree to replace an ill-fated August decree on a series of measures to boost tax collection, including the taxation of movements on some individuals bank accounts, Interfax reported.

After a storm of protests, the August decree was revoked by the president.

The decree would involve a change in the procedure for importers paying value-added tax, the agency reported.