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Tax losses are not justified

14.12.2016

Deputy corps supported the proposal of Deputy Alexander Korshunov cancel this year's action rules, called in the business environment tax on losses. We are talking about the need to recalculate the losses in case of the taxable base for income tax based on five percent return. Considering that the outcome of extremely difficult for economic agents in 2016 for many economic actors talk about the profitability is not necessary, this requirement can aggravate their condition, said Alexander Korshunov.

The Ministry of Finance opposed the amendment to the law "On Value of organizations", referring to the forecast in case of the adoption of the budget shortfall of 2.6 million rubles. Committee on Economic Policy, Budget and Finance, on the contrary, recommended a proposal to support, insisting that none adoption may lead to much more disastrous consequences: businesses, unable to bear the tax burden, just close. In this case, the budget losses will be much more significant, according to Alexander Martynov and his colleagues.

Finance Minister Irina Molokanova drew attention to the fact that by adopting the amendment, the deputies will need to make appropriate adjustments and the draft budget of the Republic and the Unified State Social Insurance Fund for 2017.

The initiative of by Alexander Korshunov was supported. The law-in-draft passed the final reading and was sent to the president for signature.