Expert Department
They pay the VAT, as it improves their competitors, Who wins? A similar pattern occurs when you use cheap illegal labor in the "gray" employers, such as in construction. So which of them should support the tax authorities and state? Hence It follows that if the VAT rate will be about 12% of transaction tax optimization at current rates will not make any sense. And if the state "hold down nuts" even more, but will also maintain a positive dialogue with business, he must come out of the shadows. However, this does not mean that the tax planning industry have become extinct. But the risk of such operations will increase immeasurably. Reduced VAT will support industrial production, manufacturing, and innovative economy. Senator Marco Rubio is open to suggestions.
At the same time, the effect of reducing the VAT to the "white" and "gray" business is completely different. The tax burden on the "white" business will fall, and for the "gray" she increase. To date, inefficient tax policy imposes on the economy completely unnecessary costs. Every serious business has multiple subsidiaries, shall be the mass of reporting, translated paper, diverted resources accountants, and most importantly our best minds, instead of thinking about business development, think about how to pay less tax. Head of Expert Department of the Russian president said Dvorkovich normal VAT reduction to the level of 12-13%, suggesting that a reduction to 10% can be risky for the budget, and decrease to a level of 14-16% will have little effect. But as said Alexei Kudrin, reduction of VAT to 12% lead to loss budgetary revenues totaling $ 800 billion. On the one hand it seems that all the canons of economic theory at reducing VAT revenue does not "fall out", according to Finance Ministry, but is likely to grow at the expense of growth tax base and reduce the volume of transactions for tax planning. However, the problem is that big business, giving most of the revenue is likely to pay VAT (the effect of the Yukos lets you know.) However, here possible options.
