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Russia to lose $4 bln tax take as it reverses cut in refining subsidy | Hellenic Shipping News Worldwide

Russia to lose $4 bln tax take as it reverses cut in refining subsidy | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

Russia to lose $4 bln tax take as it reverses cut in refining subsidy

Russia s hasty restoration of a damper subsidy for oil refiners will not only cost the state budget 400 billion roubles in subsidies this year, but also a one-off 350 billion roubles in taxes,. -November 01, 2023 at 11:15 am EDT - MarketScreener

Russia to lose $4 billion tax take as it reverses cut in refining subsidy

Russia to lose $4 billion tax take as it reverses cut in refining subsidy
streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.

Putin Faces Election Challenge As Fuel Subsidies Backfire

Subsidizing fuel is creating a budgetary crisis in Russia amid its ongoing war in Ukraine and soaring inflation, with the state budget now expected to take a multi-billion-dollar hit

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