Support The Moscow Times!

Russian Finance Minister: Greater Tax Burden for Exporters for 1 Year

Russian Finance Minister Anton Siluanov

Russian Finance Minister Anton Siluanov said on Friday plans to increase taxes on the country's exporters due to a slide in the ruble would be for one year.

Last month, President Vladimir Putin ordered his government come up with proposals to ensure revenue earned by domestic exporters thanks to the weak ruble went to the state budget.

Read more

We need your help now more than ever.

Independent media outlets and journalists in Russia are being increasingly targeted with “foreign agent” and “undesirable” labels, threatening the existence of the free press day by day.

Your donation to The Moscow Times directly supports the last independent English-language news source within Russia.