Tax returns in Russia’s poor republic bring out interesting findings

Fiscal bodies of Mordovia (one of many Finno-Ugric republics integrated into the Russian Federation) have accepted and checked 16,681 tax returns submitted by physical persons, Oleg Nazarov, head of the Saransk city’s taxation department, told PRAVDA.RU. As a result, interesting facts have surfaced. For example, there are 80 people in Mordovia’s capital whose annual income exceeds Rbs300,000 ($10,400) while one entrepreneur’s income appear to be Rbs18m ($627,200) which may be considered the absolute record for this relatively poor administrative district of Russia.

IGOR TELIN PRAVDA.RU SARANSK