Aeroflot and the Federal Tax Service of Russia Signed a Pricing Agreement

4-1-2013 — /europawire.eu/ — On December 27, 2012 Aeroflot and the Federal Tax Service of Russia entered into a pricing agreement in accordance with the recently introduced financial rules.

From now on, Aeroflot Group companies will send all the necessary information and documentation to the Federal Tax Service before determining prices and applying their pricing methods in order to provide more coordination and improve the quality of airlines’ financial forecast.

The main goal of this agreement is to enhance the cooperation and information interchange between Aeroflot Group companies and the Federal Tax Service of Russia, which will secure the Tax Code observation and increase the tax administration quality. Now it will be possible to give more accurate forecasts of tax payments, simplify the tax control procedure for controlled transactions and reduce potential costs.

Aeroflot is the largest tax payer in the national transportation industry, providing more than 30 % of taxes proceeds of the Russian Civil aviation sector. Proving its role as a leading national air carrier, Aeroflot is the first Russian transportation company to enter in such an agreement with the Federal Tax Service, thus demonstrating its high standards of social responsibility, corporate management and business transparency.

Established in 1923 with a headquarters in Moscow, Aeroflot is Russia’s flagship airline and the largest national air company. Proudly being a member of SkyTeam global airline alliance, Aeroflot with its partnering members provides service to 1000 destinations in 187 countries. Aeroflot operates one of the most modern and youngest fleets in Europe counting 127 aircraft formed by Airbus, Boeing and Sukhoi airliners with an average airplane age of 5 years. In 2011 Aeroflot carried more than 14.2 million passengers, showing the best result in modern Russia’s history. In the same year Aeroflot was honored with a prestigious international SkyTrax World Airline Award as ‘The best airline in Eastern Europe’.

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