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Russia discussing hefty hike in 'exit tax' for foreign firms, RBC reports

By Yahoo! Finance   |   Sep 20, 2024 at 03:39 AM EST
Russia discussing hefty hike in 'exit tax' for foreign firms, RBC reports

Russian authorities are considering increasing the one-off contribution foreign companies pay when leaving the country from 15% to as high as 40%. This move aims to bolster state coffers amid tightening exit requirements and growing budget contributions from foreign company exits.

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