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EXCESS PROFIT TAX : EXPECTATION AND REALITY

... lower house of the Russian Parliament. As follows from the explanatory note to the document, it is proposed to establish for organizations whose average arithmetic profit for 2021 and profit for 2022 turned out to be above 1 billion rubles, a tax on excess profits, determining that the tax base for this tax is calculated as an increase in the average arithmetic profit for 2021 and profit for 2022 above the arithmetic mean of profit for 2018 and profit for 2019, and the tax rate is set at 10 percent....

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