The Russian Ministry of Finance proposes increasing VAT from 20% to 22% to finance military expenses in the context of the war in Ukraine.
Matei Gaginsky
International
Foto: Mikhail Klimentyev/Kremlin Pool / Zuma Press / Profimedia
Always see our news on Google
The Russian Ministry of Finance has announced its intention to increase the value-added tax from 20% to 22% in 2024, as part of efforts to cover military expenses in the fourth year of the conflict with Ukraine. President Putin has shown openness to raising taxes to support state funding during wartime. The proposal aims to ensure the necessary resources for national defense, payment of military personnel salaries, and support for their families, as well as modernization of the defense industry.
Sources
Vladimir Putin crește TVA-ul în Rusia pentru a-și putea susține mașinăria de război. La cât ajunge taxa pe valoarea adăugată
Soluţie „de tip Bolojan” în Rusia. Ministrul de Finanţe de la Moscova propune majorarea TVA pentru a acoperi cheltuielile militare
Ministerul rus al Finanțelor propune majorarea TVA-ului pentru a finanța războiul din Ucraina
Latest News
22:57
Peter Magyar announces changes to Hungary’s adoption law for same-sex couples
22:38
Bucharest entered the Book of Records with “The Table That Unites.” Ciucu: “There was a big dining room today, in Constitution Square”
22:14
Anthropic’s CEO calls for slowing AI development, warning that intelligent agents could take control of the internet in the coming months
21:26
Sergey Lavrov responds to Volodymyr Zelensky: “Let him come to Moscow” for a meeting with Vladimir Putin
21:08
Ilie Bolojan warns that political deadlock could drive up interest rates, hurt Romania’s credit rating and delay the budget revision
See more news
NEWS ON THE SAME TOPICS
.webp)
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
