This paper provides a theory and firm-level evidence on the incorporation decision of entrepreneurs in a model of taxes and corporate governance. The theory explains how the incorporation decision of entrepreneurs is driven by taxation (corporate and personal income taxes), corporate...

This paper provides a theory and firm-level evidence on the incorporation decision of entrepreneurs in a model of taxes and corporate governance. The theory explains how the incorporation decision of entrepreneurs is driven by taxation (corporate and personal income taxes), corporate...

This paper provides theory and firm-level evidence on the incorporation decision of entrepreneurs in a model of corporate governance and taxation. The theory explains how the incorporation decision of entrepreneurs is driven by taxation (corporate and personal income taxes), corporate...

Over the period under consideration, Russia continued to be faced with uncertainty in the sphere of fi nancial policy. The anti -crisis package put forth by the RF Government was the focus of attention.

The following developments marked the period under review: the Gaidar Forum 2015 was held in Moscow on January 14–16, the World Economic Forum’s Annual Meeting was held in Davos (Switzerland) on January 21–23, 2015, as well as a draft document of anti -crisis measures aimed at tackling the...

In the period under review, the Government of the Russian Federation has confirmed its position which consists in the fact that in the next few years it will not change the existing rules of taxation. At the same ?? me, the business has become more active in promo?? on of proposals to reduce a...

In the period of 2013 under review, President Putin presented a Budget Message in which he outlined the guidelines for the state monetary policy in years to come, and the Taxation Policy Guidelines for 2014–2016 adopted by the Russian Government were published. Both documents showed higher...

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,...

The political events that took place in the period under review, concerning the declaration of independence of the Crimea from Ukraine, the referendum in the Crimea which gave rise to signing an agreement on the accession of the Republic of Crimea and the city of Sevastopol to the Russian...

The most noteworthy developments over the period under consideration, against the backdrop of ever growing economic sanctions being imposed by the West and the resulting capital outlow from Russia, are the assertion, by Russian authorities, of lack of any intention on their part to further...