The State Duma may abandon the amendment on fines for large exporters for violating the requirements for the sale of foreign currency earnings, Vedomosti found out. Previously, the clause on fines was included in the draft amendment to the Code of Administrative Offenses.
A source close to the Russian Union of Industrialists and Entrepreneurs (RSPP) stated that parliamentarians responded to complaints from companies regarding the tightening of requirements.
The requirement to sell foreign currency earned from exports came into force in Russia on October 16 and was to be valid until April 30. At the end of last month, the government announced that it was going to extend this measure for the entire year.
Last year, the Russian Union of Industrialists and Entrepreneurs appealed to deputies with a request to introduce a moratorium on prosecution for non-compliance with monetary legislation, says the interlocutor of the publication.
Information about the State Duma’s plans to exclude this provision from the law was also confirmed by Daniil Bessarabov, a member of the State Legislation and Construction Committee. Consideration of this issue is scheduled for February 12.
No further changes are planned to the draft amendment to the Code of Administrative Offenses, Bessarabov clarified.
“As for fines for not selling foreign exchange earnings, we, as authors, will abandon these ideas for now and will not consider them at the committee meeting,” he said.
At the same time, another source of the publication claims that there is no consensus in the government on the issue of a moratorium on fines for violations of monetary legislation. Opinions are divided on this aspect.
Author:
Natalia Gormaleva
Source: RB
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