The Russian government levies a 10% windfall tax on some large companies. Russia's first deputy prime minister: entrepreneurs initiate voluntarily.

[Russian Government levies 10% windfall tax on some large companies Russia's first Deputy Prime Minister: entrepreneurs voluntarily initiate]-- the Russian Ministry of Finance announced on June 14 that a bill approved at the Russian government meeting on the same day would impose a windfall tax of up to 10% on some large Russian companies. The tax is for companies with an average annual pre-tax profit of more than 1 billion rubles since 2021. Russia's first Deputy Prime Minister Andrei Berusov said the tax could add a total of about 300 billion rubles ($3.6 billion). 'The companies themselves proposed a windfall tax, 'Mr. Berusov said.