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31 May
15:32

Russian steelmakers support corporate income tax increase

Severstal's main shareholder and chairman of the company's board of directors, Alexey Mordashov, has voiced his support for the proposal to replace one-time fees and turnover payments with increased corporate income tax, Kallanish notes. “I support the need to increase the income tax instead of one-time fees and turnover payments and increase the tax burden on wealthier citizens,” he noted during a meeting last week. “The issue of changin…
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