The budget and taxes committee of the State Duma recommended the Lower House of parliament to pass a bill on indexing land tax rates. This bill was introduced by deputy Gennady Kulik. Earlier, this bill provided for indexing the land tax by 1.5 times, however, the government suggested indexing the tax rate by 2 times and the committee supported this proposal. According to Russian legislation, 30 per cent of collected land taxes and rent fees are allocated to the federal budget, 20 per cent to the regional budget and 50 per cent to the local budget. In the opinion of deputies, indexing will allow for reserving 90 per cent of collected taxes in regional budgets. In 2001 budget revenues from these taxes are expected to reach about 34.1bn rubles ($1.15bn).
The Investigative Committee of the Russian Federation put the head of the contractor company of Russia's space corporation Roskosmos, Sergei Slastikhin, on international wanted list
"Washington operators of the sanctions machine ought to get acquainted with the history of Russia, to stop the unnecessary fussing," spokesperson for the Foreign Ministry said