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Russia may offer special tax regime for Crimea

Monday, 17 March 2014 - 1:39pm IST | Place: Moscow | Agency: Reuters

 Russia's finance ministry said on Monday Moscow may offer a special tax regime for Ukraine's southern Crimea region, which voted overwhelmingly in a referendum on Sunday to join Russia.

"Undoubtedly, the probable accession of Crimea to Russia will have a very serious impact," Deputy Finance Minister Sergei Shatalov told a local business conference.

"I do not rule out a special tax regime (during Crimea's transition period)," he added, without giving any further details.


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