en | hu | ru | bg | ro | tr FacebookTwitterGoogle+LinkedInYouTubeInstagram
+ 357-24-636-919
+ 44-20-7556-0900

Sign up for a free consultation
Subscribe to our newsletter
Request a return call
Downloadable brochures
Request a brochure
5 Minutes Offshore
How to order a company from LAVECO Ltd
Latest news
Currency exchange rates: USD/1 unit
HUF 0.004
GBP 1.3895
CHF 1.0404
RUB 0.0177
HKD 0.1279
JPY 0.009
CNY 0.1562
CAD 0.8015
AUD 0.8006
BRL 0.3132
EUR 1.2239


Russia fights tax evasion


Dmitry Medvedev has instructed First Deputy Prime Minister, Viktor Zubkov to establish a 'Black Economy' Task Force to fight financial crime, including tax evasion.

According to a January 12 announcement by the President's office, the new working group will bring together law enforcement agencies, the Bank of Russia and the Federal Tax Service in order to "combat illicit financial transactions".

"The aim of establishing the working group is to improve the detection and prevention of financial transactions aimed at the legalization of proceeds from criminal activity (including through the use of fly-by-night companies), financing of terrorism, evasion of taxes and customs duties, as well as the detection and prevention of obtaining income generated by corruption," the office stated.

Zubkov already has some experience in this area, having headed the government's financial crime watchdog, the Financial Monitoring Agency, from March 2004 to September 2007.