this post was submitted on 11 Jan 2025
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US Companies Pay Over $1 Billion in Taxes to Russia Amid Ongoing Ukraine War (www.newsweek.com)
submitted 2 weeks ago by [email protected] to c/[email protected]
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American firms in Russia paid the country $1.2 billion in profit taxes in 2023, according to figures from campaign group B4Ukraine and the Kyiv School of Economics (KSE) Institute shared exclusively with Newsweek. This tax contribution makes the U.S. the largest contributor of foreign profit taxes to Russia, something a former top U.S. diplomat called "shameful."

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[โ€“] NavySqueal 34 points 2 weeks ago (1 children)

"According to the new research, the 10 companies that paid the most profit taxes to Russia in 2023 were tobacco company Philip Morris International ($220 million), beverage corporation PepsiCo ($135 million), confectionary company Mars ($99 million), health and hygiene consumer goods firm Procter & Gamble ($67 million), confectionary company Mondelez ($62 million), investment bank Citigroup ($53 million), agricultural company Cargill ($50 million), pharmaceutical firm Johnson & Johnson ($42 million), independent soft-drink bottler Coca-Cola Hellenic ($34 million) and oilfield service company Weatherford ($32 million)." -per article....

[โ€“] [email protected] 8 points 2 weeks ago

Just the usual douchebags, got it