Russian revenue. Russian Finance Minister Anton Siluanov said the windfall tax introduced in August brought in 315 billion rubles ($3.4 billion), 5 percent more than expected. The one-time tax is paid by corporations whose average pre-tax profit in 2021 and 2022 exceeded 1 billion rubles. Siluanov also said the National Welfare Fund will be replenished […]
Daily Memo: Russian Finances, Developments in Ukraine
Moscow says it has earned billions from a windfall tax.
