Shokhin says business seeks changes to excess-income tax bill now in the State Duma
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What happened
Alexander Shokhin said on November 5 that business groups are seeking amendments to the government's excess-income tax bill in the State Duma, with a shift from a revenue-based approach to an excess-profit basis. He linked that effort to talks with Budget Committee chairman Andrei Makarov and said the discussion had improved prospects for a compromise.
Why it matters
The bill concerns how the federal budget extracts additional revenue from large companies. If lawmakers change the tax base, the measure could alter expected collections, sector winners and losers, and the administrative burden for implementation during the current budget cycle.
In a November 5 interview, presidential business ombudsman and RSPP head Alexander Shokhin said business is pressing for changes to the government's excess-income tax bill that is under consideration in the State Duma. He said companies want the levy to be based on excess profit rather than revenue, and added that a November 3 meeting with Budget Committee chairman Andrei Makarov strengthened expectations of a compromise. The development turns a lobbying effort into a live legislative issue with near-term consequences for budget revenue design and the distribution of the tax burden across large firms.
Watch for
State Duma Budget and Taxes Committee publication of amendments or a recommendation on the excess-income tax bill by 2026-11-08 Andrei Makarov public confirmation after 2026-11-05 of whether the committee supports a profit-based tax base Russian Union of Industrialists and Entrepreneurs release after 2026-11-05 of a formal amendment package or position paper on the bill State Duma electronic database update by 2026-11-08 showing first-reading timing or revised bill text
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