Windfall tax for major companies to be introduced in Russia

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12.04.2021
THE RF CODE OF ADMINISTRATIVE OFFENCES NOW ALLOWS THE POSSIBILITY TO REDUCING FINES BELOW THE LOWER LIMIT FOR ‘REGIONAL’ OFFENCES

 The President of the Russian Federation signed amendments to the Code of Administrative Offences providing for the possibility of imposing an administrative punishment on an offender in exceptional cases in an amount less than the minimum established by the regional law on administrative offences. This applies to both citizens and officials. 

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