Russia's 2027 draft budget prioritizes military spending, cuts social outlays
Published 9 h ago4 sourcesEvidence: Reported
Russia's Public Chamber, in its review of the 2027-2029 draft budget, criticizes the proposed windfall tax on companies for basing the tax base on a price indicator that ignores actual costs, calling for additional assessment. This signals potential friction in the legislative process, though the government may still push the measure through. The outcome could affect corporate profitability and fiscal policy direction in Russia.
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