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Russia scraps capital gains tax for foreign investors
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Monday, June 21, 2010
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From Newsmax:

Russia will loosen the state's controls on the economy and abolish a key tax to spark a desperately needed "investment boom," President Dmitry Medvedev told a gathering of foreign business officials Friday.

Medvedev invited more competition and vowed less state intervention in the economy, particularly by drastically reducing the number of state-controlled enterprises.

The moves are designed to...

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Topics: Russia | Taxes | Cruxallaneous
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