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Russia to adopt law on zero tax for oligarchs
The State Duma budget and taxes committee has recommended the adoption in the first reading of a bill to create offshore zones in Russia with a special tax regime for the international holding companies through which the wealthiest Russians control the economy’s key assets.It follows from the bill, as cited by TASS, that within the special administrative zones on the Oktyabrsky and Russky islands in the Kaliningrad province and Pimorsky Krai, which are designed to replace the western offshore …
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Russian region decides to integrate with DPR and LPR
Authorities of the Russian Oryol oblast (region) decided to create a working group to facilitate integration and cooperation with the so-called Luhansk and Donetsk People's Republics, as stated in the decree by acting governor of the region Andrey Klychkov.
The working group includes officials from provincial and municipal administrations, as well as region representatives. According to the decree, the main task of the group is to coordinate the cooperation of the region with the separatist …
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Naftogaz offers to make gas transit through Ukraine cheaper than Nord Stream 2
On July 13, Naftogaz Ukraine sent a proposal to the relevant national commission proposing changes to the method for calculating natural gas transit tariffs which has been in place since 2015, reported the company’s press service.
The price envisaged by the new proposal is $2.17 to transit 1000 cubic meters 100 km (with VAT and the fuel component). This is 20% less than the transit rate in the existing contract with Gazprom, and also 2.3 times smaller than the average cost of transit according …
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Putin speaks about Trump’s position on Crimea
President of the United States Donald Trump believes that it was unlawful for Russia to annex the peninsula of Crimea, Russian President Vladimir Putin stated in his press conference following talks with Trump in Helsinki.
“The position of President Trump regarding the Crimea is known, he stands by it. He talks about the illegality of the annexation of Crimea to the Russian Federation. We have a different point of view. We believe that we held a referendum in strict accordance with …
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Unidentified drones attack Russian Khmeimim airbase in Syria
Unidentified drones attacked the Russian airbase Khmeimim in Syria, reported Telegram channel Directorate 4, which is monitoring the situation in the Middle East.
Local residents said that they hear the sound of the air defense systems in the area of the air base.
Russian air defense systems have repeatedly destroyed several drones which tried to attack airbase. The last drone attack took place in the Syrian province of Latakia on July 1. According to the Russian Ministry of Defense, the …