Contents tagged with Russian metal companies
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Russian billionaires lose $3.1 billion after Kremlin's tax hike proposal
Russian billionaires lost more then $3 billion in one day after President Putin’s economic assistant proposed to raise the taxes on the leading companies in Russia’s mining and metallurgy sector, finanz.ru reports.
In a letter addressed to Putin, presidential aide Andrey Belousov named 14 companies from which the budget could collect an additional 500 billion rubles ($7.53 billion USD) to implement Putin's May decree.
Emphasizing the “need to share”, Belousov pointed out that oil companies …