Ryabukhin explained how voluntary contributions to the budget will affect the Russian economy

Ryabukhin explained how voluntary contributions to the budget will affect the Russian economy

Sergei Ryabukhin.
© Timur Khanov/PG

Businesses will treat the initiative on voluntary contributions to the budget with understanding. Sergei Ryabukhin, First Deputy Chairman of the Federation Council Committee on Budget and Financial Markets, stated this to Parliamentary Gazeta.

Earlier, Parlamentskaya Gazeta reported that the country’s authorities are discussing voluntary contributions to the budget with business representatives. According to First Deputy Prime Minister Andrey Belousov, this is a one-time transfer of funds by large-scale businesses, and not an increase in the tax burden. The Cabinet of Ministers proceeds from the fact that the financial results of 2022 for many companies were “very good”.

“It would be right to send part of the superprofits that have formed in a number of industries and a number of enterprises to the income of the country’s consolidated budget. This will make our budget process and economy more sustainable, as well as implement those grandiose plans for socio-economic development and strengthening the defense capabilities of our country. They will work for the benefit, ”the senator explained.

Sergei Ryabukhin called this initiative timely, very correct and huge, which will not require changes to the budget and the Tax Code.

Ivan Abramov, First Deputy Chairman of the Federation Council Committee on Economic Policy, told Parlamentskaya Gazeta that, from his point of view, in the current conditions, big business should show social responsibility and support the contribution proposal.

Read also:

• Ryabukhin: Business contributions to the budget will not require changes in laws • Sinitsyn: Business contributions to the budget should be agreed with all parties

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