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ARTICLE · 15 MAY 1996

Tax Deferments / Non-Monetary Payments

RussiaAccounting and Audit
(Tax News Reporter - Week ended 15 May 1996)

As of 1 May 1996 "non-monetary forms of paying taxes" are no longer allowed. This appears to include certain kinds of commercial credit to the federal budget as well as traded tax exemptions.

Government Regulation of 1 April 1996 No. 481

This publication is intended for general guidance only and should not form the basis of specific decisions.

For further information contact Stewart Naunton on Tel: +7 503 232 5511 or Fax: +7 503 232 5522 or enter a text search 'Coopers & Lybrand' and 'Business Monitor'.

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