Alexei Kudrin: tax in addition to VAT is not planned to be increased

Alexei Kudrin: tax in addition to VAT is not planned to be increased

The Chairman of the accounts chamber Alexey Kudrin has declared to TV channel “Russia 24” that the growth of the value added tax from 18% to 20% — is “a moderate maneuver.” “While other taxes are expected to increase,” — said the former Minister of Finance.

The VAT rise yesterday approved the government of Russia. The new tax rate will take effect from 1 January 2019. The Finance Ministry estimates, it will bring in 600 billion roubles.

Before appointment to the Accounts chamber Alexey Kudrin opposed the change of the VAT. As Finance Minister, he criticized the reduction of the tax rate. As the head of the Center for strategic research, he spoke about inexpediency of increase of any fees within six years.

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