The budget received more than 50 billion rubles as a commission for the sale of Russian businesses by companies from “unsympathetic” countries. The government introduced the so-called free fees for the sale of a business in December 2022: under certain conditions, the transaction payment can reach 10% of the market value of the business.
Contributions to the federal budget from the sale of business of companies from “enemy” countries since the beginning of this year amounted to 54 billion rubles. RBC writes about this with reference to data from the Electronic Budget system.
The government introduced fees on transactions for the sale of Russian businesses by companies from “unfriendly” countries in December 2022. The fee is usually paid by the buyer: its size is at least 5% of the market value of the business if the sale discount is less than 90%. If the discount exceeds 90%, then the contribution increases to 10% of the market value.
When exiting the Russian market, investors from “unsympathetic” countries offer at least a 50% discount on the market value of the business.
According to experts, the total amount of contributions collected by the end of 2023 will be more than 100 billion rubles.
Author:
Kirill Bilyk
Source: RB
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.
