Studies of Economies in Transformation Paper 11. The service industry is the largest and most dynamic sector of the newly emerging private sector in St. Petersburg. Little is known, however, about the entrepreneurs and firms in this sector or aboutServices received differential treatment under the VAT, the profits tax, and import- export tariffs and quotas. Services exempted from the ... Advance payment of the profit tax is in fact authorized by law, with provision for retroactive adjustment. Third, tax collectors ... Fourth, poor tax accounting rules meant, for example, that contract work could not be expensed but had to be paid out of profits. Generally, firmsanbsp;...
|Title||:||Private Service Firms in a Transitional Economy|
|Author||:||Martha De Melo, Gur Ofer|
|Publisher||:||World Bank Publications - 1994-01-01|