Gosfinuslug tightens credit unions work. Proposed to levy a tax on the proceeds from the placement of funds for deposits and income from union members from equity participation. Innovation can put credit unions in unequal conditions with banks and complicate the creation of new alliances, feel market players.
New initiatives
State Commission on regulation of markets of financial services contained in posted on its website the bill On Amending the RA law On income tax for private individuals. Proposed to levy a 5 percent tax on income derived from placement of deposits in credit unions (COP). The same rule now applies to deposits placed with banks.
COP members participating in the share capital of Union will have to pay a tax of 15% of the proceeds of equity contributions. COP now have the status of nonprofit organizations and tax benefits. But, according to Director of the interim administration of financial and credit institutions Gosfinuslug Galina Tretyakova, the union works and profits, distributed among shareholders. Consequently, they receive income that should be taxed. The Commission also proposes to levy a tax on individuals who are long-outstanding arrears. Now pays a tax credit unions.
According Gosfinuslug at the end of March were 820 registered credit unions. In the I quarter of the capital fell to the COP 27% - to UAH 1.248 billion - compared with the same period last year. Of this amount, 808.8 million UAH had on mutual investments.
Market participants are outraged regulator proposal and argue that the changes make credit unions in unequal conditions with banks. According to набÑовета COP First Credit Company Andrew Azarova, share capital of the COP is similar to the authorized fund of banks, but the recent gains from participation as a tax is not levied. The adoption of the bill would lead to the impossibility of establishing the new COP, because the first COP form of share capital, through which the works for several years, and only then begins to attract deposits, - said chairman of the AKSPO Poltava Cooperative League Vladislav Goncharenko.
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The budget will add a credit union
Gosfinuslug tightens credit unions work. Proposed to levy a tax on the proceeds from the placement of funds for deposits and income from union members from equity participation. Innovation can put credit unions in unequal conditions with banks and complicate the creation of new alliances, feel market players.
New initiatives
State Commission on regulation of markets of financial services contained in posted on its website the bill On Amending the RA law On income tax for private individuals. Proposed to levy a 5 percent tax on income derived from placement of deposits in credit unions (COP). The same rule now applies to deposits placed with banks.
COP members participating in the share capital of Union will have to pay a tax of 15% of the proceeds of equity contributions. COP now have the status of nonprofit organizations and tax benefits. But, according to Director of the interim administration of financial and credit institutions Gosfinuslug Galina Tretyakova, the union works and profits, distributed among shareholders. Consequently, they receive income that should be taxed. The Commission also proposes to levy a tax on individuals who are long-outstanding arrears. Now pays a tax credit unions.
According Gosfinuslug at the end of March were 820 registered credit unions. In the I quarter of the capital fell to the COP 27% - to UAH 1.248 billion - compared with the same period last year. Of this amount, 808.8 million UAH had on mutual investments.
Market participants are outraged regulator proposal and argue that the changes make credit unions in unequal conditions with banks. According to набÑовета COP First Credit Company Andrew Azarova, share capital of the COP is similar to the authorized fund of banks, but the recent gains from participation as a tax is not levied. The adoption of the bill would lead to the impossibility of establishing the new COP, because the first COP form of share capital, through which the works for several years, and only then begins to attract deposits, - said chairman of the AKSPO Poltava Cooperative League Vladislav Goncharenko.
Today potential favorites, you can allocate shares NorNikelya and steel companies
Trades Friday allegedly opened moderately down, either in the neutral zone
Revenues Rosinter for 1 half of 2009 rose by 4% to 4.1 billion rubles
Vnesheconombank send $ 175 million to build a terminal at the airport of Vladivostok
Gazprom began construction of the TCU Sakhalin - Khabarovsk - Vladivostok
Latin America: Commodities rally in the markets was the reason to buy
Above Bank European threat of liquidation
FGIU plans to begin selling shares облÑнерго in September
Extras addedproblems