Central Bank: contribution to the budget will affect banks that do not use regulator relief
The Central Bank did not find good reasons to make exceptions for banks on contributions to the budget (windfall tax), said the head of the regulator Elvira Nabiullina. At the same time, she noted that the contributions should relate to banks that do not use the Central Bank's concessions.
“With regard to contributions to the budget from banks, to be honest, we did not find good reasons to make exceptions to the general rule in this situation. Our only position is that it should be banks that do not use our regulatory easing,” said Ms. Nabiullina.
The head of Sberbank, German Gref, has already said that the budget forecast for 2023 includes the possibility of paying windfall tax.
The design of the windfall tax was the main topic of yesterday's congress of the Russian Union of Industrialists and Entrepreneurs. The difference in profits of companies in 2021-2022 compared to 2018-2019 will fall under the additional tax.
The news is being added.