Russia May Consider Blogs Ads Tax Bill in Fall

The Russian parliament may examine a bill to regulate advertising on internet blogs this fall, United Russia faction vice-speaker Sergei Zheleznyak said on Thursday.

The Duma, the lower house of parliament, will discuss a bill in the fall which would prevent tax evasion by popular Russian bloggers who posted advertisements in their internet diaries, Nezavisimaya Gazeta reported on Thursday.

“Advertising is a business action which requires tax payment. If it is posted on websites, including blogs, such actions are taxable,” Zheleznyak said, adding new changes in the rapidly developing information communications sphere should be catered for in legislation.

“If high volumes of advertisement are posted in some blogs, the tax should be introduced but if there is not so much advertising, this should not be done,” Igor Rudensky, head of the State Duma committee for economic policy, innovation development and entrepreneurship, told RIA Novosti.

 

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