Who may be affected by a one-time fee to the budget
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One-time fee from business excess profits for 2022–2021 will not affect the oil and gas and coal sectors, small and medium-sized enterprises (SMEs) and companies with pre-tax profits of less than 1 billion rubles. This was reported to journalists by State Secretary – Deputy Minister of Finance Alexei Sazanov.
The government has been discussing with the largest companies a one-time contribution from the business for more than a month. The fact that such a one-time payment to the budget is being discussed was announced on February 8 by First Deputy Prime Minister Andrei Belousov. According to him, many enterprises received “very good” financial results last year, especially in the first three quarters. This is not a tax increase, but the so-called windfall tax (tax on windfall profits), the First Deputy Prime Minister emphasized. Initially, the collection was planned as voluntary, but in mid-February, Finance Minister Anton Siluanov announced that it would be implemented through amendments to tax legislation. The Ministry of Finance expects that the business contribution to the budget will be about 300 billion rubles, Siluanov reported.
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