A country for billionaires: why the Ministry of Finance wants to extend the benefits of domestic offshore companies throughout Russia
The tax rules that apply to Russky Island in Primorye and Oktyabrsky Island in the Kaliningrad Region need to be extended to the entire country, , told Aleksey Sazanov, head of the Finance Ministry's tax department Reuters in an interview. This may be of interest to large Russian holdings tied to specific regions, including the Russian Copper Company and UMMC. Details Quote: “It is not very correct to create preferential tax conditions for two tax jurisdictions.