Russia’s President Vladimir Putin signed addendums to the country’s Tax Code, which allow introduction of a new trade tax in the federal cities. The document is published on the Kremlin’s website on Monday.
“The trade tax may be introduced in the federal cities of Moscow, St. Petersburg and Sevastopol no earlier than on July 1, 2015. In municipal structures outside the federal cities the trade tax may be introduced only after a special federal law is adopted,” the information on the website reads.