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Russia prepares collection from business due to lack of money for war – media

The Kremlin regime hopes to increase tax pressure on businesses to solve the issue of financial support for the war.

The ruling regime of the Russian Federation against the backdrop of state budget problems will increase the tax burden on big business. This was reported by Bloomberg news agency on Friday, January 6.

Russian Prime Minister Mikhail Mishustin proposed “revenue action” by collecting lump sum payments from coal and fertilizer producers.

The Kremlin also offers high dividends from state-owned companies – at least 50% of net income.

Media sources familiar with the proposal say some of the money they want to collect from big business will go toward military spending. A decision on the size of the dividend or lump-sum payment has not yet been made: the amount will depend on the final budget indicators for the whole of 2022.

In addition, Mishustin ordered to “optimize” spending outside the sphere of defense and security, which should save at least 150 billion rubles.

Russia is also providing an allocation of 175 billion rubles to organize the deportation of 100,000 people from the Kherson region.

The news agency said that this indicates that Russia does not really expect the return of the territories from which the Ukrainian army expelled them in the fall of 2022.

It should be noted that in December 2022, Russian oil exports by sea decreased by almost a quarter compared to the average for 2022 after the introduction of the oil embargo.

We also add that the head of the Kremlin, Vladimir Putin, has banned the sale of oil to countries that support the introduction of a ceiling on prices for Russian oil.

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Source: korrespondent

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