Foreign companies' exit contributions in 2024 surpass $385 mn
Edited By WION Video Desk
Published: Mar 21, 2024, 06:25 IST | Updated: Mar 21, 2024, 06:25 IST
The ongoing exodus of foreign companies from Russia has resulted in $385 million in revenues in 2024 so far. This stems from an exit tax policy implemented when companies began leaving Russia after the Ukraine invasion began. The policy requires departing businesses to contribute at least 10% of their sale price to the federal budget. Watch for more details!
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