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Russia to Raise Taxes in 2027-29 for Military Spending Boost

Summary by Crypto Briefing
Russia's tax hikes for military funding signal prolonged conflict, potentially straining economic resources and impacting geopolitical stability.

7 Articles

ReutersReuters
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Center

Russia plans array of tax hikes in 2027-29 to fund military spending

·London, United Kingdom
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The Russian government is preparing a new series of tax increases to support military spending and the budget deficit, estimated at around 2% of GDP over the next three years. The proposed measures target companies in metallurgy and the fertilizer industry, cross-border e-commerce, but also income from investment, property sales and bank interest. [...]

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Russia to raise taxes in 2027-29 for military spending boost

Russia's tax hikes for military funding signal prolonged conflict, potentially straining economic resources and impacting geopolitical stability.

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BizToc broke the news on Thursday, September 24, 2026.
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