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MOSCOW, May 23. It is necessary to seriously disincentivize the withdrawal of money from Russia, while those who invest in the country should receive additional opportunities for development, says Vice-Speaker of the Federation Council Nikolai Zhuravlev.
“When modernizing the fiscal system, it is important to avoid creating incentives for going into the shadows and fragmenting businesses, (Also — ed.) it is necessary to strongly disincentivize the withdrawal of money from the country. And those who earn and invest in their country invest in cities of presence, charity, ecology , personnel development, must be stimulated by the fiscal system,” the senator said during a hearing in the State Duma. 
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In addition, it is necessary to return to the idea of mandatory social reporting of businesses, the politician believes.
«Incentive taxation is needed, first of all, for the development of domestic investments, the stock market, including during initial offerings. Tax incentives are important for both investors and issuers — for the development of the stock market «, he emphasized.
Zhuravlev also focused on creating clear rules of the game for business. “It is necessary to pass the law faster. The regions must begin the budget process in August. And they cannot start it until the parameters of the adjusted tax system are clear,” added the Vice Speaker of the Federation Council.