Chubais believes the practice of paying dividends «Rosnano» meaningless

© RIA Novosti / Alexei Filippoupolitis in fotoreceptor of the Board of JSC RUSNANO Anatoly Chubais. Archival photoChubais believes the practice of paying dividends «Rosnano» meaningless© RIA Novosti / Alexei Filippoupolitis the image Bank

The Chairman of the Board of UK «RUSNANO» Anatoly Chubais considers the senseless practice of payment of dividends by the company to the state, it would be advantageous to taxes with the construction of the nanotechnology industry. This opinion was expressed, speaking at the Russian Private Equity Congress.

JSC «Rosnano» 100% of the stock of which is owned by the state, in July for the first time has paid dividends for 2017 in the amount of 537,5 million rubles, which is about 50% of net profit according to the standards of the company. The decision was taken by the Russian property Fund in the framework of the annual meeting of shareholders.

«For JSC «RUSNANO» is not simply to get a profit, and paying a first half dividend that, from my point of view, in fact, the thing is absolutely meaningless, but, nevertheless, we did it, is senseless in the sense that from the standpoint of the state, if we built 95 of the factories we have built, most of them already with profit, respectively, with income taxes… in this sense, the aim of public investment is not to of JSC «Rosnano» extract yield, and to extract the yield of the construction of the nanotechnology industry», — said Chubais.

«But because it has great PR and GR effects, we offered to pay, and the proposal was gladly accepted by the Finance Ministry,» he said.

The function of assets management, JSC «RUSNANO» performs established in December 2013, the management company of RUSNANO, Chairman of the Board is Anatoly Chubais.

Source