What! No vodka? Pause in production has Russians uneasy

Article Abstract:

All vodka and alcoholic beverage distilleries have ground to a halt in Russia due to a bureaucratic snafu. New taxation legislation, in a move to increase state control of the industry, was introduced last year that requires liquor bottles to be given a new excise stamp label to prove taxes have been paid. The labels were printed but were not distributed.

Forecasts, trends, outlooks, Distilled and blended liquors, Taxes, Beer, Wine & Liquor, Whsle, Beer, Wine, and Distilled Alcoholic Beverage Wholesalers, Industry Overview, Taxation, Alcoholic beverage industry, Tax policy, Industry forecasts

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Russian ipo's spur jitters

Article Abstract:

Russian companies are increasingly eager to list initial public offerings in Western countries. Morgan Stanley pulled out of an initial public offering of OAO Cherkizovo because of a lack of consensus over valuation. The securities releases may be subject to unpredictable taxes, lack of protective regulation for minority shareholders and corruption.

United States, Contracts & orders received, Security brokers and dealers, Contracts & orders let, Securities & Commodities Services, Securities, Commodity Contracts, and Other Financial Investments and Related Activities, Contracts, Securities industry, Contract agreement, Going public (Securities), Initial public offerings, MWD, Company public offering, Morgan Stanley

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