Russia's planned tax overhaul to increase inflows to the state budget to help finance growing military and social obligations would set the rules for the long term, President Vladimir Putin promised at a meeting of the Russian Union of Industrialists and Entrepreneurs last week. This pledge is supposed to be a carrot to go with the stick of placing an additional load on Russian business, which is already under pressure of sanctions. The details of the tax changes have not been revealed yet but the aim — as earlier outlined by Putin — is to achieve a fairer redistribution of the tax burden in favor of Russia's ... (full story)