The Central Bank and the Government will develop a tax incentive mechanism for long-term investments
MOSCOW, November 29 – RIA Novosti. The Bank of Russia and the government will consider creating a single tax incentive mechanism for long-term investments in all financial products. document Central Bank “Main guidelines for the development of the financial market of the Russian Federation for 2023-2025”.
The Central Bank explained that given Russia’s limited access to the external capital market, the role of domestic resources in financing the development of the economy has increased, and one of them may be citizens’ savings. Citizens in Russia formed a basic need for the formation of long-term savings.
“At the same time, the financial system has not yet established a wide range of instruments for long-term savings that will meet the needs of citizens in terms of profitability and security of funds, including protection against inflation,” the regulator said.
Source: Ria
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