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Starting in 2004, Russian companies selling goods and services will not have to pay the five-percent sales tax. Companies plan to take advantage of this tax break in a variety of different ways.
Professor Golant accidentally invented a device capable of measuring a huge range of temperatures. It can be used virtually anywhere, from inside a nuclear reactor to outside a spaceship.
A bad Russian tradition to sharply lift all prices in January will be preserved in the year of presidential elections. Even tax reforms cannot overcome this.
 Interview and opinion
Igor Shuvalov, the President`s deputy chief of staff
Finance Minister Aleksey Kudrin
Evgeni Yasin, Academic Director of the Higher School of Economics
19 November 2003 01:39
Presidential agency says administrative barriers to small business
still high MOSCOW. Nov 19 (Interfax) - The Russian main presidential control department submitted a report to President Vladimir Putin summing up outcomes of work done by federal executive bodies in Russian regions in enforcing laws that restrict administrative intervention in business activities. The control department found that there have been no radical changes to removing unjustified administrative barriers that hamper the development of small and mid-sized business and entrepreneurs. The rate at which businesses are developing does not meet the target of accelerating economic growth set by the president. The share of production and services produced by small businesses is still very small, being under 14% of GDP, the report says. The share of small businesses in agriculture, healthcare, physical culture, social services, science and scientific services and transport is especially small, ranging from 0.8% to 3.8%, the department said. [RU EUROPE ASIA EEU EMRG POL BUS] va aw <>
[CEIW]
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