The Federal Tax Service of Russia
Published: 02.08.2011 17:16
Tax and duties incomes in the 1st half of 2011 have exceeded the forecasts - noticed the Prime Minister Vladimir Putin during the beginning of the Presidium meeting and asked Minister of Finance Alexey Kudrin about the situation in the regions of Russia.
Alexey Kudrin reported that during the first half-year regions incomes resulted in 3 trillions 729 billions of Rubles. Total growth resulted in 18% that is 575 billions of Rubles more than in the first half 2010. Alexey Kudrin pointed that Corporate Profit Tax revenues raised for 34% and provided with nearly a half of earnings gain - 274 billions of Rubles. Personal Income Tax revenues raised for 12% or 100 billions of Rubles in comparison with previous year’s figures.
Vladimir Putin asked how do these figures affect citizen’s incomes. Alexey Kudrin stated that the forecasts about fall of salaries due to insurance contributions raise currently are not realized. At the same time head of Finance Ministry noticed that salaries could grow faster. But lots of companies restrain salaries growth in order to hold the net prices.
Alexey Kudrin also reported about the regional budgets incomes growth on other types of taxes. According to his report, Corporate Property Tax Revenues raised for 11%. Excises also showed 11% growth.