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
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.
  • 133arc585@lemmy.mlEnglish
    01·
    1 year ago

    Can you give a citation for “decreasing oil revenue”? From my understanding their oil revenue has not decreased, it’s just that it’s not to the same partners (or at least not without passing through intermediaries like India where people can then buy it and not feel guilt by association).