Russian President Vladimir Putin has rubberstamped a set of amendments to legislation that remove or amend tax exemptions and privileges for domestic oil producers from 1 January next year — though state-controlled giant Rosneft will see some benefit.
Putin axes tax privileges for Russian oil players
Approved changes will come into effect from 1 January 2021 to help authorities to reduce growing budget deficit
16 October 2020 11:13 GMT
Updated
16 October 2020 11:13 GMT
By
in
Moscow