Banks will be subject to a one-time fee to the budget

Deputy Minister of Finance of Russia Alexei Sazanov told how the one-time fee to the budget will work. This measure, as Mr. Sazanov said, will affect all enterprises with a net pre-tax profit of more than 1 billion rubles. for 2021-2022.

“Everything is subject to the contribution, except for oil and gas, coal, the SME sector and companies with a net pre-tax profit for 2021-2022 of less than 1 billion rubles. All the rest are subject, ”said the official (quoted from TASS). According to the Deputy Minister of Finance, companies that did not receive a serious increase in profits in 2022 may be exempted from paying the fee.

Mr. Sazanov stressed that the size of the one-time fee for businesses will be determined in early April, after the companies submit income tax returns. According to him, the receipt of payments for a one-time fee from businesses is expected in the fourth quarter of 2023.

On February 8, Deputy Prime Minister Andrey Belousov announced that the Russian government is negotiating with big business on voluntary contributions to the budget from income for 2022. February 17 Russian Finance Minister Anton Siluanov explainedthat the Cabinet expects to replenish the budget at the expense of contribution large business, with the exception of the oil and gas sector, by 300 billion rubles.

February 21, head of the Russian Union of Industrialists and Entrepreneurs Alexander Shokhin toldthat the Russian authorities agreed with the business on a one-time payment. He also said that he did not understand how to count the “excess profit” of companies when it “is not, in fact, an excess income.”

Russian banking sector in 2022 received 203 billion rubles Profit declined significantly compared to the record result of 2021, when banks earned RUB 2.4 trillion. At the same time, losses in the first half of 2022 exceeded 1.5 trillion rubles. mainly due to currency revaluation.

Read more about the discussion about the voluntary collection from business in the publication “Kommersant” “Corporate self-taxation”.

Alexander Kislov