800 million euros in taxes to Russia from Western banks

(ANSA) - BELGRADE, APR 29 - Last year, the major Western banks that remained in Russia paid the Kremlin more than 800 million euros in taxes, four times the pre-war level. According to the Financial Times, the taxes paid, which account for 0. 4% of Russian non-energy-related revenues in 2024, demonstrate how foreign companies that remain in the country help the Kremlin maintain financial stability in the face of sanctions. (ANSA).