Representative offices of foreign companies that remained after the start of the war in Ukraine to work in Russia received for review a draft law, according to which they plan to oblige them to pay tax to the Russian budget, which is essentially a military levy. The bill has been circulated by the Russian Ministry of Finance for comment, The Moscow Times reports, citing two sources in foreign companies that are large taxpayers..

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The draft law is called " Together with him, it is planned to adopt amendments to the tax code of the Russian Federation.

The essence of the bill is the intention to oblige not only Russian, but also foreign organizations that have a permanent representative office in Russia to pay a “voluntary” contribution to the budget. The authorities will issue a one-time fee from business as an “emergency tax”.

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Only companies producing oil, gas and coal, as well as oil refineries, liquefied natural gas producers and companies from the register of small and medium-sized businesses are planned to be exempted from paying the tax.. All other companies with a net pre-tax profit of more than RUB 1 billion. will have to transfer a one-time fee to the budget.

Recall that only 9% of almost 1,500 Western companies operating in Russia withdrew their business from this country after a full-scale invasion of Russians into Ukraine.

In total, as of February 24, 2022, there were 2,405 firms operating in Russia, owned by 1,404 companies from EU and G7 countries.

After a year of Russian full-scale war in Ukraine, most American companies left Russia. As of the end of 2022, about 18% of American subsidiaries, 15% of Japanese firms, and only 8.3% of EU companies left Russia.