Jun 18, 2010: Follow up to discussion on draft law amendments of the city tax incentive law (81-11)

Dear AmCham members:

Further to the last Tax Committee meeting that reviewed the draft amendments to the Law of St. Petersburg No. 81-11 “On Tax Incentives” recently developed by the city government, we collected your comments and suggestions consolidated in the enclosed table.

Your comments and suggestions were presented to Evgeny Elin, chairman of the Committee for Economic Development, Industrial Policy & Trade, and Eduard Batanov, chairman of the Committee of Finance, at a special meeting earlier this week. During the meeting, all the participants decided to continue the work. Thus, we are distributing a