Franklin Pierce
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US businesses were largest tax contributors to Russia among international companies in 2022: report
U.S. companies in Russia were the largest tax contributors to the Russian government among corporations based in any other country last year as Moscow’s war in Ukraine progressed, according to a new report.
The report from B4Ukraine, a coalition of civil society groups working to cut off Russia’s ability to continue the war, and the Kyiv School of Economics found American firms paid $712 million in taxes in Russia in 2022, having brought in the largest total revenue of any foreign country.
The report states that the companies that continue to be present in Russia and thus pay taxes are indirectly financing the war in Ukraine and the “severe breaches” of human rights and humanitarian law that have been happening in the conflict.
https://thehill.com/policy/internat...among-international-companies-in-2022-report/
U.S. companies in Russia were the largest tax contributors to the Russian government among corporations based in any other country last year as Moscow’s war in Ukraine progressed, according to a new report.
The report from B4Ukraine, a coalition of civil society groups working to cut off Russia’s ability to continue the war, and the Kyiv School of Economics found American firms paid $712 million in taxes in Russia in 2022, having brought in the largest total revenue of any foreign country.
The report states that the companies that continue to be present in Russia and thus pay taxes are indirectly financing the war in Ukraine and the “severe breaches” of human rights and humanitarian law that have been happening in the conflict.
https://thehill.com/policy/internat...among-international-companies-in-2022-report/