Russia clamps down on NGOs

Foreign organisations left off a new list of NGOs eligible for tax exemptions on funding Written by Joanne Christie Accountancy Age Russian Prime Minister Vladimir Putin has signed a resolution that significantly reduces the number of NGOs eligible for tax breaks in Russia. The decree, which will come into force in January, cuts the number of organisations eligible for tax-free payments from 101 to 12, leaving large international groups such as the Ford Foundation, the Royal Society and the Eurasia Foundation off the list. The move has been seen by some NGOs as part of a wider government attempt to curb the activities of foreign organisations. Pyotr Gorbunenko, managing director of the World Wide Fund for Nature in Russia, told the Financial Times that he believed the change to be politically motivated. 'I think this is a... [read full story]