Sazanov: the Ministry of Finance does not support the tax on excess income of banks and gambling
The Ministry of Finance of the Russian Federation opposed the idea to extend the tax on super-income to banks, microfinance organizations and gambling
The Ministry of Finance of the Russian Federation opposed the idea to extend the tax on super-income to banks, microfinance organizations and gambling. This was stated at a meeting of the State Duma Committee on Budget and Taxes by State Secretary – Deputy Finance Minister Alexei Sazanov.
According to him, the bill concerns the so-called opportunistic revenues, which are associated with changes in world prices for extracted minerals. Credit institutions and MFIs do not engage in such activities, so the proposed amendments do not fit into the subject of the document. The agency doesn't support them.
Sazanov also said that the taxation has already been revised for gambling organizers.
Since January 1, 2026, bookmakers have been taxed at 7% on the difference between bets and winnings, and have established a profit tax at a rate of 25%.
