Article originally published in Isvestia:
Russia’s presidential executive office has been reviewing the U.S. anti-money laundering act known as FATCA (Foreign Account Tax Compliance Act). Presidential economic advisor Elvira Nabiullina spearheaded a meeting with Finance Ministry, Foreign Ministry, Central Bank, Federal Financial Markets Service, Tax Service and National Payment Council officials, issuing instructions to prepare final proposals within the next two weeks on Russia’s negotiating position regarding accession to FATCA, which is expected to come into effect on January 1, 2013.
I assume that current US tax laws must really hit “US persons” in Russia quite hard, seeing as they have a 13% flat tax rate there…
Bwaahahahahaaa
How loudly am I laughing here? hahaahaha
The Russians will comply with US government tax compliance requests
~One hundred years from NEVER~
Taxes, really? Like the Russians respect the ‘rule of law’–much less from the United States??
Who writes this crap?
This is nothing but pure BS.
Cordially,
gardener1