August 24, 2018 / 9:18 AM / 3 months ago

Top Russian businessmen arrive at government talks on windfall tax

FILE PHOTO: Russian trade and industry minister Denis Manturov waits before a meeting of Russian President Vladimir Putin with foreign investors as part of the St. Petersburg International Economic Forum (SPIEF), Russia May 25, 2018. REUTERS/Grigory Dukor/File Photo

MOSCOW (Reuters) - The heads of Russia’s top metal and chemical producers arrived at the Moscow headquarters of a business lobbying group on Friday for talks with the government on a possible windfall tax on their firms.

President Vladimir Putin has called for discussion of a proposal by Kremlin aide Andrei Belousov to raise more taxes from metals and mining companies that are earning what some see as windfall profits.

Finance Minister Anton Siluanov and Industry Minister Denis Manturov were also seen arriving at the talks being held at the Union of Industrialists and Entrepreneurs’s building, a Reuters witness said.

Reporting by Polina Devitt and Anastasia Lyrchikova; Writing by Tom Balmforth; Editing by Mark Potter

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