EEMEA market round up: Russian securities to be less taxing

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EEMEA market round up: Russian securities to be less taxing

As part of plans to boost Moscow’s position as an international financial centre, the Federal Financial Markets Service has announced plans to exempt investment in securities from taxation. The proposal forms part of a strategy document covering the period to 2012. If approved, the FFMS proposal will come into force in 2009.

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