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Automatically translated version. May contain inaccuracies compared to the original.
❗️ In Russia, immediately after the “elections,” they planned to raise taxes for the war
In the draft new budget, defense and security were designated as the key strategic priority. To cover the financial shortfall, the Russian Finance Ministry proposes raising taxes on windfall profits of metallurgical and chemical companies, as well as increasing levies on cross-border electronic commerce.
In addition, the Russian authorities plan to increase taxes on citizens’ passive income, in particular on investments in securities, property sales, and interest on deposits. According to estimates by Russian officials, this decision will affect about 4 million people.
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