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With Russia’s investment potential in focus at VTB Capital International Investment Forum 'Russia Calling', Prime Minister Putin and Presidential aide Arkady Dvorkovich spoke about building a better investment profile.
Russian Prime Minister Vladimir Putin emphasised that tax incentives to promote investment would soon be in place.
“We are not cutting tax incentives but broadening them – to encourage investment in modernizing the economy.
Within days we’ll introduce a draft law to the state Duma to release investors from income tax when they sell shares – so long as they have owned them for more than 5 years and the equities are not traded on stock exchanges.
This should help develop venture capital and attract long-term investment.”
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