Russia has announced an increase in corporate income taxes to fund its ongoing war efforts, according to British intelligence. The tax changes are expected to generate approximately $29 billion in additional budget revenues by 2025. The corporate income tax rate will rise from 20% to 25%.
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📈 Russia increases taxes for further war efforts – UK intelligence https://t.co/yhHTTMuK3A
Russia raises taxes to keep the war going - British intelligence Russia expects the tax changes to generate about $29 billion in additional budget revenues in 2025. To accomplish this, the corporate income tax rate will increase from 20% to 25% and the highest corporate tax… https://t.co/Py3dUExpJs