“Sberbank” estimated the cost of excess profit tax up to 3 billion rubles

Sberbank plans to allocate up to 3 billion rubles to pay excess profit tax. This was reported to Vedomosti in the press service of Sberbank.

“Based on the final version of the law on excess profit tax, signed by the President of the Russian Federation, the Sber Group will pay up to 3 billion rubles to the budget,” a Sber representative said.

It is assumed that this amount will be paid as a security deposit until November 30, 2023. The company recalled that by the end of 2022 Sberbank paid income tax in the amount of 310 billion rubles. and sent 565 billion rubles. for dividends.

August 4 Russian President Vladimir Putin signed a law on a one-time tax of 10% on the excess profits of large businesses (the so-called windfall tax). At the same time, a preferential rate of 5% will be applied if the company pays the tax before the end of this year.

The tax will be levied on the excess of the arithmetic average profit for 2021-2022. over the arithmetic mean of profit in 2018–2019. The tax must be paid no later than January 28, 2024.

The law does not apply to companies producing oil, gas, coal, oil refineries, producers of liquefied natural gas with active production and export. Small and medium-sized enterprises, as well as developers that implement projects involving citizens’ funds through escrow accounts (provided that they do not pay dividends in 2021-2022), credit and non-credit financial organizations, in respect of which measures are being taken to bankruptcy prevention, as well as companies that had no sales proceeds in 2018-2019.