«Russian tax law is so complex that Novikov Restaurant Group employs five accountants at each restaurant.»
Full story from Financial Times here [via Marginal Revolution].
Archive | 22:32
Russian Business Practice
13 May
WSJ Markets
- Pricey Beef Puts Heat On U.S. Grilling SeasonHere's the beef: Enjoy the Memorial Day grilling, because retail beef prices are widely expected to set new records in coming weeks.
- Bausch & Lomb Nears $9 Billion SaleBausch & Lomb, which is owned by private-equity firm Warburg Pincus, is nearing a deal to sell itself to generic-drug maker Valeant for about $9 billion.
- Fiat Chief Pulls Out the Deal WrenchSergio Marchionne is trying to pull off the deal of his lifetime, and there are lots of pieces to go around for bankers, lawyers and other cogs in the Wall Street deal machine.
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