Russia's Medvedev signs bill transferring gas pipeline tax to regions

Nov 30, 2009 01:00 AM

Russian President Dmitry Medvedev has signed a bill into law transferring revenues from the tax on movable property of natural gas giant Gazprom's gas pipeline system to regional governments.
Previously, the tax on this property was transferred to the government of Moscow, where Gazprom is registered. The revenue from the real estate tax collected on the pipeline system is currently transferred to regional governments.