Russia breaks the tax agreement with Cyprus: what threatens Vladimir Putin kept his promise - Russia is coming out of an agreement to avoid double taxation with Cyprus, which allowed Russian entrepreneurs not to pay tax from dividends deduced to Cyprus. The breakdown of the agreement may threaten companies working in Cyprus even big problems than its revision on Russian conditions.

A criminal case has been opened against the ex-head of the world's largest titanium manufacturer VSMPO-Avisma, Mikhail Voevodin. Voevodin’s case was reported by the TASS agency, citing a source in the company and Rostec, which owns 25% of VSMPO. The company does not comment on the details of the case; there was no message from the Investigative Committee on the evening of August 3.

In the Moscow metro, they are again massively fined for not wearing masks, reports TASS . The fine is 5 thousand rubles. The fact that the police began to massively fine passengers without masks at all metro stations, the agency reported, citing a law enforcement source. According to him, this work has intensified over the past weekend and Monday. Most of the media reporting on the resumption of raids refer to the TASS news.

The Bank of Russia published a new report on monetary policy. The regulator sees a deterioration in the quality of the loan portfolio and a surplus in the Russian banking system, and expects a recovery from the economy in the second half of the year. The quality of the retail loan portfolio of Russian banks worsened in the second quarter of 2020, but only slightly (arrears increased by 0.2 percentage points for retail loans, and almost did not change for mortgages).

In July, the average cost of Russian oil Urals for the first time since February exceeded the cut-off price in the country's budget. The price of Urals reached $43.91 per barrel, having increased by 5% compared to July ($41.93 per barrel). According to the Ministry of Finance, the average price of Urals oil in July of this year decreased by 1.4 times in annual terms. In 2020, the cut-off price for Russia's oil and gas revenues under the budget rule is $42.4 per barrel.

WHO has estimated the total lethality of coronavirus (IFR) - that is, the probability of dying with the disease, including unreported and asymptomatic cases. It turned out to be less than one in 100 cases - 0.6%. An assessment of the hard-to-calculate IFR is contained in the speech of WHO Deputy Director-General Sumiya Swaminathan at the organization's virtual press conference .

The most unexpected people could be the beneficiaries of the success of developing a coronavirus vaccine. Even behind the most “academic” of the top contenders in this race, the University of Oxford, there is a complex network of financial interests that includes Chinese Huawei, says The Wall Street Journal. Oxford University is competing on equal terms in the development of a vaccine with such pharmaceutical giants as Pfizer and Moderna.

The supply of rental housing in Moscow increased by 20% over the summer, and in residential areas - by 25%, found out Forbes . Despite the drop in demand, there is no significant reduction in apartment prices. These data were presented to Forbes by the head of the company "NDV - Real Estate Supermarket" Elena Mishchenko. According to her, due to the pandemic, housing prices have decreased by 20-25% from usual, and the market has not won back the incremental increase in supply.

The restaurant reopening index in Russia reached 84.2%, while in Moscow the figure was at 94.2%, TASS writes , citing the results of a survey of the Wheretoeat restaurant award. Back in mid-June, only 15% of closed establishments opened. The index evaluates the work of 3,500 catering establishments from Kaliningrad to Vladivostok using the Wheretoeat database. Last week, the indicator was 79.1%, which is almost 5 percentage points less than the new value.

Negotiations with Cyprus to introduce a 15% tax on offshore dividends and interest have not been successful, said the Russian Finance Ministry . The Ministry proceeds to denunciation of the agreement on the avoidance of double taxation.

The government has reduced from 20% to 15% the down payment under the preferential mortgage program (at a rate of 6.5%), Russian Prime Minister Mikhail Mishustin said during a meeting with members of the government. Mishustin said that the innovation should involve borrowers in the program who do not have time to save up for a down payment before November 1, 2020. In addition, the amount of the down payment will be reduced under the Family Mortgage and Far East Mortgage state programs.

A database of about 1 million drivers in Moscow and the Moscow region leaked to the network. Personal information was put up for sale on one of the forums at a price of $1,500, found out . Kommersant The files contain the date of registration of the car, state registration plate, make, model, year of manufacture, VIN codes and vehicle passport numbers, names and telephone numbers of car owners. In total, there are about 1 million records in the archive.

Since August 3, Russia has limited the ability to anonymously deposit cash to electronic wallets, including the Yandex.Money, QIWI and WebMoney systems. Now, in order to replenish the balance, you will need to link a bank account to your wallet through a payment terminal or mobile operators, writes RBC. The idea to introduce restrictions was initiated by Rosfinmonitoring and supported by the Central Bank.

Entrepreneurial income of Russians fell to a minimum in the 21st century The fresh data of Rosstat allow you to evaluate the tragedy of small businesses on quarantine in real money. The share of entrepreneurial income in the structure of the income of Russians in the second quarter has almost doubled and amounted to 3.5%, it follows from the data of Rosstat, which RBC got acquainted .

The Liberal Mission Foundation published the report “New (NOT) legitimacy” on the results of “Political operation to large -scale change in the Russian Constitution”. Experts summarize the “All -Russian voting” and discuss what consequences it carries for the political future of Russia. The full name of the report edited by Kirill Rogov - “New (NOT) legitimacy. How did it happen and what brought Russia to rewriting the Constitution.