Medvedev cover up “kitchen” Forex Brokers

For years, the State Duma of the Russian Federation there are disputes over state regulation of the forex market. Deputies and the President does not rest that most brokers and traders income passes the budget.
Traders who trade on the Forex, the law must themselves submit to the Tax Office a declaration and pay 13% tax on earnings, but of course nobody does. But brokers generally record companies abroad and with the tax affairs are not. But now things will be different - Dmitry Medvedev has approved a bill that would change the lives of traders and brokers. The Forex market is officially given the status of business, instead of the status of lotteries and games, which he has now, the offshore centers are dealing will be closed and to every trader will be charged 20% of profits to the state. Apparently so, Medvedev and Putin plan to plug the hole in the budget, which announced recently at a meeting of the Russian agrarian movement. The law will come into force in August.

7 July 2011

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