Russian Metals Producers Want Putin to Ease Taxes Amid War (1)

April 20, 2022, 2:28 PM UTC

Russian metals tycoons and chiefs met President Vladimir Putin on Wednesday, as they seek an easing of taxes with the war in Ukraine hurting their businesses.

Mining and metals companies want the tax system to return to how it was before changes made last year that effectively raised levies, or to at least fix the price level used for defining tax, according to three people familiar with the matter, who asked not to be identified as the information isn’t public.

Russia in September agreed on tax changes with its biggest metals firms that linked both mineral-extraction tax rates and a ...

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