Free Trial

Russia’s Approves Profit Tax Hike On LNG Exporters

LNG

The Russian Duma Budget and Taxes Committee has approved a tax hike raising profit taxes on LNG exporters to 34% from 20% for 2023-2025, according to Interfax.

  • The tax increase will only apply to companies that exported gas prior to 31 December 2022.
  • The increase will not apply to new projects.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.