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Coronavirus, Putin launches the 'oligarch-tax'

2020-03-25T15:33:40.692Z


President Vladimir Putin has asked for the imposition of a 15% tax on the capital that is exported from Russia as well as the introduction of a 13% tax (therefore equal to the income tax) on the interest generated by investments. . (ANSA)


(ANSA) - MOSCOW, MARCH 25 - President Vladimir Putin has asked for the imposition of a 15% tax on capital that is exported from Russia and the introduction of a 13% tax (therefore equivalent to income tax) on interest generated by financial investments (but only if the capital invested is greater than 1 million rubles, or approximately 12 thousand euros at the current exchange rate). The proceeds will be used to finance anti-crisis social measures. In practice it is a tax on the oligarchs and the wealthier Russian class.

Source: ansa

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