The Russian Duma has passed a bill enforcing a one-time tax on excess earnings from large corporations, aiming to supplement the national budget by an estimated 300 billion rubles (US$3.4 billion) in 2024. This unanimous decision mandates payment by January 28 of the following year. The tax, fixed at 10% of additional profits, is solely […]
Russia imposes one-time levy on large companies to boost budget
