EU serves Moscow its terms for Russia's 'tax havens'

Russian Finance Minister Anton Siluanov has revived the issue of special administrative zones, also known as Russian offshores.
Russian Finance Minister Anton Siluanov has revived the issue of special administrative zones, also known as Russian offshores. © Pierre Lévy/Twitter
The European Union is not happy with the boost Moscow's 2018 tax changes have given to the free zones of Kaliningrad and Vladivostok, and intends to stop Russian powerhouses from moving there without compensation. This leaves Russia's finance minister performing a fine balancing act. [...] (517 words)
Issue dated 03/12/2021 Reading time 3 minutes

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