Regions unable to 50-60 billion from the redistribution of the excise tax on alcohol

© RIA Novosti / Alexei Nikolskiye in fotobanka alcoholic beverages. Archival photoRegions unable to 50-60 billion from the redistribution of the excise tax on alcohol© RIA Novosti / Alexei Nikolskiye the image Bank

The Finance Ministry is discussing the possibility of redistribution of the standard receive the proceeds from the excise tax on spirits in favour of regions, allowing to obtain the regions 50-60 billion in 2019, reported first Deputy Finance Minister Leonid Gornin in an interview with RIA Novosti in the framework of the Moscow financial forum.

«Now the excise tax is distributed in the ratio 50% to 50%, i.e. half of it goes to regional budgets. Previously discussed question, to add the regions for another 30%, so about 80% and 20%. This will give additional actors about 50-60 billion rubles for the year 2019, if we talk about hard liquor,» said Gornin.

According to him, such proposals including compensation of lost incomes of subjects of the Russian Federation due to the cancellation of the tax on movable property, which was adopted this year. «The sum of these drop-down revenues are estimated at around 180 billion rubles in 2019. We must fix our fiscal relations with the constituent entities of the Russian Federation for compensation for lost income,» — said Gornin.

So, at the level of the Council of Federation, the State Duma discussed issues on specifying the expenditure authority of the constituent entities connected with the payment of premiums for the non-working population, he explained. «The question has not been removed yet from the agenda. We’re in discussions, we believe that the government of the Russian Federation», — said the first Deputy Minister.

The full interview with Leonid Gorynin visit the website >>