Daily Management Review

Russian Tax Bar Talks On Windfall Profits Unites Government & Corporate Sectors


08/27/2018


Russian leading corporate executives hold talks with the government on windfall profit tax hike.



Source: en.kremlin.ru
Source: en.kremlin.ru
Last Friday, the executives of leading chemical and metal manufacturers of Russia gathered in the headquarters of “a business lobbying group” in Moscow. The meeting’s agenda was to hold conversations with the government concerning a “possible windfall tax on their firms”.
 
The President of Russia, Vladimir Putin gave out a call for carrying out discussion regarding a proposal given by Kremlin aide Andrei Belousov on raising the tax bar on metals as well as mining companies which are making “windfall profits”, as described by some.
 
Moreover, the talk was also attended by the “Finance Minister Anton Siluanov and Industry Minister Denis Manturov” which, according to a “Reuters witness”, has taken place at the building of Union of Industrialists and Entrepreneurs.
 
 
References:
reuters.com







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