Official says 3rd capital amnesty can start May 1

MOSCOW, Mar 11 (PRIME) -- The Russian Finance Ministry has submitted a bill prolonging capital amnesty for a third time, which is to start on May 1, to the government, Deputy Finance Minister Ilya Trunin told reporters on Monday.

“The bill has been submitted to the government. It says that the start of declarations acceptance is May 1 but it might be earlier if the law is adopted earlier, but no earlier than the law enters in force,” Trunin said, adding that the deadline is a year from the start.

The second capital amnesty lasted till March 1. President Vladimir Putin ordered earlier to prolong the amnesty for one year for those who register their business in special administrative areas and return money to Russia.

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