![]() ![]() Read this carefully! When he says “tax preferences”, it should read “pay few or no taxes”. ![]() We hope that in the near future there will be progress on these issues, and the whole range of preferences will be enshrined in law." ![]() The issue of tax preferences, an independent personnel policy of Russian employers in Cuba, including the right to freely hire and dismiss employees, and preferential access of Russian companies to public procurement of the Republic of Cuba (for a separate list of goods) has not yet been resolved. “But we would like to see new measures as well. In the report, Titov himself, after welcoming the conditions already offered, makes it clear: The Russian capitalists – led by the oligarch Titov, whose official title in Russia is Commissioner for Entrepreneurs' Rights – are demanding more, as reflected in a report by the Russian news agency Interfax on 19 May. The conditions offered to Russian capitalists are very favourable to them: 30-year land concessions – longer than those that have been in place until now – tax exemptions on machinery imports, and the repatriation of profits.īut this is not all. "They are giving us preferential treatment, the path is clear," declared Boris Titov, the head of the Russian delegation at the closing of the Cuba-Russia Business Economic Forum. ![]() In recent days, a series of public announcements have been made about Russian investments in Cuba. ![]()
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