The government decided to create “practically an offshore” in the Kuril Islands
The Russian government plans to create a free tax zone on the Kuril Islands, "practically offshore." This was stated by the presidential envoy to the Far East, Deputy Prime Minister Yury Trutnev. It's practically offshore. That is, there will be almost no taxes left in the Kuriles. This is the first, second - not only will tax rates be removed, but those enterprises, people who will carry out investment, commercial activities on the islands, will not have the obligation to pay taxes.