26 May 2011 14:51

Govt, president support need for tax cuts for business - Putin

MOSCOW. May 26 (Interfax) - Russian Prime Minister Vladimir Putin has said he is not yet ready to speak about parameters for reducing social taxes levied on businesses, but such possible decisions should heed the interests of all of the sides.

"My position is that we need to do it. I am not yet ready to name any final parameters today, but there is a consolidated position within the government agreed with the presidential administration and the president that such measures need to be taken," Putin said at a social business forum on Thursday.