It takes the average reader and 24 minutes to read The Information for Investors and Taxpayers in Russian Federation by Sergei Jargin
Assuming a reading speed of 250 words per minute. Learn more
According to the Russian legislation, the income-tax is collected from funds obtained from the selling of securities. There have been exemptions, depending on the time period the property was owned by a taxpayer, and newly also on the date when it was acquired. The legislation has been modified several times being hardly transparent for non-professionals. The aim of this report was to demonstrate that exemptions from taxation can be arbitrarily denied by fiscal authorities under invented pretexts. A stockholder and investor should know that, even in the course of simple transactions, he or she may encounter decisions of authorities contradictory to the law, misquoting of legal codes by civil servants in their official correspondence, backdating of letters, embezzlement of registered correspondence etc. Stockholders receive numerous letters and telephone calls from brokers prompting them to sell the stock sometimes at prices below the market value. Brokers dispose of confidential information about stockholders: not only their names, addresses and telephone numbers but also names and quantities of their securities etc., which indicates that they have access to databases of depositaries. Besides, some aspects of taxation of immobile property (owner-occupied apartments) are discussed.
The Information for Investors and Taxpayers in Russian Federation by Sergei Jargin is 24 pages long, and a total of 6,096 words.
This makes it 8% the length of the average book. It also has 7% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 33 minutes to read The Information for Investors and Taxpayers in Russian Federation aloud.
The Information for Investors and Taxpayers in Russian Federation is suitable for students ages 8 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
When deciding what to show young students always use your best judgement and consult a professional.
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