Economy of Russia in April 2013 was more clearly demonstrating stagnation. In this regard, the lack of funds was aggravated and as a result, federal agencies are again searching for resources, which is gradually shifting from the proposals on the use of public reserves for investment purposes...

The law on the federal budget for 2013 and the planning period 2014-2015 was approved by the RF State Duma in the third reading on 23 November 2012. The domestic debt ceiling is set at the level of 10% GDP, the foreign debt ceiling – at about Rb 2.1 trillion. There figures are above the budget...

Over the period under consideration, Russia's economic problems more than once became the focus of public discussion with the participation of the country's leadership and eminent Russian and foreign experts – at the Gaidar Forum hosted by the Russian Presidential Academy of National Economy...

In December 2012, a number of amendments and alterations were introduced into tax and budget legislation, as well as into legislation regulating the sphere of mandatory payments and government off-budget funds. An analysis of the possible scenarios for further development of the taxation system...

In the period under review, a major international event was the Moscow meeting of G20 finance ministers and heads of central banks. In Russia, a few developments took place. On January 31, 2013, Premier Dmitri Medvedev approved the Main Guidelines for the RF Government's Activities in the Period...

In the period under review, a major international event was the Moscow meeting of G20 finance ministers and heads of central banks. In Russia, a few developments took place. On January 31, 2013, Premier Dmitri Medvedev approved the Main Guidelines for the RF Government's Activities in the Period...

Russia's tax and fiscal policy during the period under consideration was extremely contradictory. On the one hand, the shortage of budget revenues resulting from the stagnant state of the Russian economy compelled the authorities to make an emphasis on forceful methods in their fight against tax...

Although the latest period saw failure in coping with economic stagnation in Russia, it should be noted that Russian's economy demonstrated a good stress resistance. In our opinion, this can be indicative of its gradual adaptation to the market. The ‘budget rule' has proved efficient – the...

In August and September 2013, work continued on the Draft Federal Budget for 2014. As the RF Ministry of Finance had managed to ensure the timely preparation of alterations to tax legislation whereby the rates of export customs duties on hydrocarbons are to be reduced, and the rates of Mineral...

It is impressive what the Supreme Arbitration (Commercial) Court of the Russian Federation (the SAC of Russia) managed to achieve in order to adapt Russia's law enforcement practices to a free-market environment against general uncertainty regarding the state financial policy. First of all,...