At the first reading, deputies of the State Duma (State Duma) passed a bill implying the introduction of a tax (unexpected tax) on the excess profits of companies from among large companies in Russia. We are talking about the one-time contribution of Russian companies with an average profit of more than 1 billion rubles excluding taxes for 2021-2022, reported on the website of the lower house of parliament.
The main goal of the tax innovation will be the creation of additional federal budget revenues on the background of international sanctions imposed on Russia by Western countries. The tax rate for the unexpected tax will be 10%. According to Finance Minister Anton Siluanov, thanks to this measure, it is planned to replenish the federal budget in the amount of about 300 billion rubles.
“The Draft Law on Excess Earnings Tax was accepted at the first reading. Its author was the Government of the Russian Federation. The document was developed to generate additional federal budget revenues. The bill proposes to introduce an additional profit tax for organizations with an arithmetic average profit of more than 1 billion rubles for 2021 and 2022.
28 June Delovaya Rossiya Alexei Repik President declarationthat the initiative for a one-time contribution to the federal budget originally came from representatives of the Russian business community. However, it was assumed that the so-called contingency tax would be imposed by only 20 companies among the large enterprises, and now their number has increased by 50 times, reaching about a thousand small companies in terms of capitalization.
Previously at the Ministry of Finance (MoF) in the openWhich institutions and organizations will be subject to overpayment of income tax.