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US Companies Pay Over $1 Billion in Taxes to Russia Amid Ongoing Ukraine War (www.newsweek.com)

submitted 11 months ago by Aussieiuszko@aussie.zone to c/world@quokk.au

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American firms in Russia paid the country $1.2 billion in profit taxes in 2023, according to figures from campaign group B4Ukraine and the Kyiv School of Economics (KSE) Institute shared exclusively with Newsweek. This tax contribution makes the U.S. the largest contributor of foreign profit taxes to Russia, something a former top U.S. diplomat called "shameful."

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[–] southsamurai@sh.itjust.works 2 points 11 months ago (1 children)

That's what I thought, though I could have sworn there were more than just defense contractors barred from exporting to Russia.

[–] TachyonTele@lemm.ee 2 points 11 months ago

Same. All of the news reports made it sound like the country couldn't get anything in or out.