The elimination of the tax police might bring a short-term but pretty noticeable economic effect, the Kommersant newspaper reported. Businesses can save considerable sums on court expenses. This is some $1bn per year. The tax police have been the agency, which has filed suits against taxpayers who tried to optimize their tax payments to budgets. As a rule, some 150-200 suits were filed against every large Russian company per year. The tax police have lost the majority of them. So the state budget has not received a lot from the tax police. As far as the companies are concerned, the average price of every court dispute was about $300,000. In other words, a large company had to spend about $50m per year. There are about 20 large companies in Russia that could spend such large sums of money. So, this "great twenty" will be saving at least $1bn per year, until the Interior Ministry's main department for fighting economic crimes becomes responsible for taxes. This department seldom loses lawsuits.
The discovery of the submarine has unveiled a few "inconsistencies." For example, how can one explain the fact that the sub was found where it needed to be searched for from the start?
When on a state visit to Singapore, Russian President Vladimir Putin promised to revisit the discussion of the 1956 Declaration between the USSR and Japan regarding the issue of the peace treaty with Japan
The TurkStream, which runs along the bottom of the Black Sea from Russia's Anapa to Turkey, will consist of two lines, each with a capacity of 15.75 billion cubic meters of gas a year