Russia Weighs Tax Increase as Economic Pressures Mount, Reuters Reports

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The Russian government takes into account the increase in VAT rates to keep the budget deficit under control and maintain reserves, despite President Vladimir Putin's public insurance that there will be no tax surpluses, declared more resources from...

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A member of the State Duma Committee on Budget and Taxes, Oxan Dmitriev, commented with RTVI on media reports on alleged tax increases in Russia, in particular the increase in the VAT rate from 20 per cent to 22 per cent, and Reuters sources said.

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The Russian government is considering raising the value-added tax (VAT) rate in order to reduce the budget deficit and preserve reserves, four sources told the… Russia is considering raising VAT to reduce the budget deficit amid war and sanctions - NAVAL TRADE