State Duma deputy Anatoly Wasserman said that the bill prohibiting the storage of more than 1 million rubles in undeclared cash is not yet ready and is now a “gathering of opinions”. It has been reported TASS.
“No, I just wanted comment on this initiative. While the review and collection of opinions is ongoing,” Wasserman said in response to a related question.
According to him, this initiative includes an addition to the Criminal Code of the Russian Federation with a clause on the illegal circulation of cash payments. Pursuant to this article, it is proposed to confiscate illegally stored funds for undeclared storage, punishable by a double fine and a cash tax equal to or more than 1 million rubles or rubles.
The MP added that the 1 million ruble threshold is a “rough estimate” based on people’s earnings, although the regions “probably” hold less than a million people.
Previously Wasserman presented to oblige citizens to report tax for cash in excess of 1 million rubles. The MP explained that he was inspired by the case 11 years ago, when he found 1.5 million euros near that house during searches with Ksenia Sobchak.Wasserman believes that the initiative will make it possible to combat the informal economy more effectively. Colleagues in the State Duma disagreed with him, emphasizing that by law citizens are free to choose in what form to hold money. And it is impossible to trace the source of all Russian savings.