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SaltySalamander@lemmy.world to World News@lemmy.mlEnglish · 2 years ago

Russia lost so much money due to the Ukraine war that it now aims to raise $4 billion by slapping a windfall tax on its oligarchs

www.businessinsider.com

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Russia lost so much money due to the Ukraine war that it now aims to raise $4 billion by slapping a windfall tax on its oligarchs

www.businessinsider.com

SaltySalamander@lemmy.world to World News@lemmy.mlEnglish · 2 years ago
message-square
18
fedilink
  • cross-posted to:
  • news@beehaw.org
Russia has lost so much money due to the Ukraine war that it's now trying to raise $4 billion by slapping a windfall tax on its oligarchs
www.businessinsider.com
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The proposed law will require Russian companies that made profits of over 1 billion rubles each year since 2021 to pay a one-off 10% tax.
  • reverendphil@lemmy.world
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    2 years ago

    That’s a translation issue, it’s a window-fall tax.

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