ANOTHER SOVIET TAX LAW CHANGE

Soviet tax laws have changed again. Non-Soviet companies must wrestle with new uncertainties as they assess investments and plan operations in the U.S.S.R. The change, however, might improve the business climate. The Soviet council of ministers ended the corporate income tax replacing it with a 10% tax on the gross value of goods sold and leaving income taxation authority exclusively in the hands of republics. It also replaced turnover and sales levies with a value added tax with rates to be

In order to access this content, you must be logged-in and have an active subscription to the OGJ Premium Archive

Subscribe

More in Companies