August 24, 2018 / 10:56 AM / 3 months ago

Russian finance minister says tax burden to stay unchanged

MOSCOW, Aug 24 (Reuters) - The tax burden on businesses will stay unchanged as compared with levels envisaged in law, Russian Finance Minister Anton Siluanov said after a meeting with a business lobbying group on Friday.

Russia raised value-added tax this summer as a part of an unpopular budget package designed to shore up government finances and which has already hurt President Vladimir Putin’s approval ratings.

Reporting by Anastasia Lyrchikova and Polina Nikolskaya, writing by Denis Pinchuk; Editing by Alison Williams

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