Russia Plans Tax Changes to Help Businesses Hit by Ukrainian Drone Attacks

The proposed tax code changes come amid an ongoing Ukrainian drone strike campaign targeting Russian industry and infrastructure.

Russia Plans Tax Changes to Help Businesses Hit by Ukrainian Drone Attacks

TL;DR

  • Russia is preparing tax code amendments to help businesses offset costs from Ukrainian drone attacks and repairs.
  • The Finance Ministry is working with industry representatives on these proposals.
  • The changes are expected to be submitted this fall and will affect a broad range of industries.
  • The announcement follows repeated Ukrainian strikes on Russian refineries, warehouses, and other infrastructure.