An Overview of Normative Documents on Taxation Issues for April-May 2014

Abstract

Over the period under consideration it became evident that the already existing economic problems created by the negative effects, in the sphere of foreign politics, of the Crimea’s incorporation into the Russian Federation have been further aggravated by the deterioration of Russia’s domestic economic situationи. While it had been officially declared that no further steps would be taken to increase the tax burden, the period under consideration saw a continuation of the practice of introducing new bans and constraints for individuals and legal entities alike, as well as legislative consolidation of some additional responsibilities to perform work and render services for the benefit of the power structures. We believe that this practice gives rise to an additional economic burden on citizens and commodity producers, and so it can be regarded as a hidden form of mandatory payments to the power structures.