What will happen if the transport tax will be abolished?
Its not too hard to guess..
Vladivostok. June 17. VOSTOK-MEDIA - The compensation of decreased income of the budget system of Russia in relation to the possible cancellation of vehicle tax would require a significant increase in excise taxes on petroleum product, said the head of the Federal Tax Service (FTS) Mikhail Mishustin.
In 2010 the budget of excise on petroleum products received in the amount of 166.4 billion rubles, and motor vehicle tax brought in 75.6 billion budget. "Thus, the revenue from vehicle tax receipts are comparable to the excise tax," - said the head of the Federal Tax Service.
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