Russian tax revenue. Russia’s State Duma adopted a law increasing the profit tax rate for “natural monopoly entities transporting oil and oil products via trunk pipelines” – i.e., state pipeline operator Transneft – to 40 percent between 2025 and 2030. Of the collected tax revenue, 23 percent will be transferred to the federal budget, and […]
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Daily Memo: Russia Hikes Taxes on Pipeline Operator, Israel Targets Beirut
Moscow plans to double the profit tax rate for Transneft.
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