The State Duma adopted in first reading a bill on surplus income tax for mining and metallurgical companies for the years 2027-2029, writes RBC. The rate will be 30% for most minerals and 20% for gold. The tax base will be created when the average price for raw materials in the world exceeds the base index for 2025. According to the Ministry of Finance, the toll will bring in 683 billion rubles to the budget over three years, while the Russian Union of Industrialists and Entrepreneurs estimates the possible revenue at 1.1 trillion rubles.

The State Duma adopted in first reading a bill on surplus income tax for mining and metallurgical companies for the years 2027-2029, writes RBC. The rate will be 30% for most minerals and 20% for gold. The tax base will be created when the average price for raw materials in the world exceeds the base index for 2025. According to the Ministry of Finance, the toll will bring in 683 billion rubles to the budget over three years, while the Russian Union of Industrialists and Entrepreneurs estimates the possible revenue at 1.1 trillion rubles.