Putin supported free amnesty capital – RBC

Russian President Vladimir Putin at a meeting of the Congress of the RSPP

Photo: RIA Novosti

At a closed meeting of President Vladimir Putin with members of the board of the RSPP Head of State reiterated the same thing was said to them in an open address to the delegates of the Congress, but business still managed to discuss the specific details of the capital amnesty and the law on controlled foreign companies, told RBC on condition of anonymity, two participants of the meeting and a person close to one of the members of the board of the RSPP.

As previously reported by RBC Capital amnesty, deofshorizatsiya and further action in the area of ​​the Central Bank monetary policy had been planned as the main topic of discussion between Putin and big business behind closed doors.

In a closed meeting with members of the president of the board of the RSPP president supported free version of the amnesty of capital, told RBC three sources – two members of the meeting and One source close to one of the members of the board of the RSPP. Such an option offered at the beginning of the week First Deputy Prime Minister Igor Shuvalov.

As previously reported RBC with reference to the discussion participants in the government, is now being discussed two options amnesty – a declaration payment of 1% of the value of assets or the amounts unpaid taxes and without it – only on the basis of a special declaration, which is invited to indicate their previously declared assets, including overseas, and the amount of unpaid taxes.

The Ministry of Finance believes that the amnesty as possible with payment and without payment, previously reported RBC representative office. Free version of the amnesty of capital is more liberal and simplified declaration. For liberal variant acts business ombudsman Boris Titov, provided that the mechanism will be registered so as to avoid abuse, said RBC federal official familiar with the discussions on the mechanism of amnesty. Abuse may be as follows: amnesty may want to take advantage of wishing to guarantee unexcited cases for a number of articles of the Administrative Code, the Tax Code and the Criminal Code. The list of articles is now being discussed.

Also at the meeting the businessman offered as part of an amnesty for the time delay the entry into force of liability under the Criminal Code, says one source of RBC familiar with the discussions. Business offers to postpone for a year the entry into force of these provisions, said the source. Putin does not rule out such an option, the source said.

Also, the president at the meeting said again that it is possible to set the deadline for notification under the law of the CIC – now deadline ends on 1 April. Earlier this president said during a speech to the delegates of the Congress of the RSPP. The specific date on which the term can be transferred, the president at the closed portion of the meeting is not called. “Putin said, to postpone for as long as needed,” – says RBC one of the participants in the meeting. Earlier, on March 19, Finance Minister Anton Siluanov said that his department is ready to move for the autumn deadline for notification of ownership of the assets under the law of the CIC.

In the open discussion, Putin also said that the agreed that you want to sync with the action of the amnesty law on the CIC. This is achieved by representatives of business, as previously stated by the head of Alexander Shokhin and business ombudsman Boris Titov.

In a meeting with the board of the RSPP also discussed the next steps of the Central Bank in the field of monetary policy. Business has repeatedly stated that the key rate should be reduced, because now the cost of credit for businesses is high. “At the meeting, Elvira [CB Chairman] said that the actions of the Central Bank forced and linked to inflation. Putin said that the Central Bank in the current situation comes true, “- said RBC two participants of the meeting. “In principle, all agreed that over time the rate should be reduced, but the key parameters and reduce the timing has not been named. Central Bank at the meeting very clearly explained his position “- says one of the interlocutors RBC.