The levy will come into force legally from 2024
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Russian Finance Minister Anton Siluanov said on Thursday a planned windfall tax on Russian businesses will be set at around 5% of excess profits, the TASS news agency reported.
The levy will come into force legally from 2024, but the finance ministry expects companies to make payments this year as well, Siluanov said. (Reporting by Reuters; Editing by Kevin Liffey)
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