Tuesday, February 14, 2012

Putin Proposes Privatization Fine

Russia’s Prime Minister Vladimir Putin suggested imposing a one-off tax on the beneficiaries of “dishonest” 1990's privatization. Speaking to representatives of big business, one month before he is due to run in presidential elections, Putin said that some mechanism should be developed to win public acceptance for dubious privatization deals. “The solution lies in either a one-time contribution or something else, I believe that society and particularly the entrepreneurial class are interested in finding such a solution,” Putin said. Most experts believe the one-off privatization fine is both legally questionable and nearly impossible to implement in practice.

http://themoscownews.com/business/20120213/189452347.html
http://en.rian.ru/russia/20120209/171230955.html

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