The United States has asked European states to reduce taxes on income from frozen Russian assets, Dalip Singh, the deputy assistant to the president for national security, who oversees global economic affairs, said April 20.
According to the publication, Singh said such a measure would free up up to $50 billion (4.65 trillion rubles), adding that “It matters where assets are invested, but also at what level they are taxed. We have to take it to the maximum [доходность, которое приносит] Every euro of these frozen reserves benefits Ukraine.”
At the same time, the Financial Times draws attention to the fact that it will not be easy to reach an agreement on this proposal in Europe, given its inconsistency: borrowers must receive guarantees for the return of their funds;
It should be noted that countries such as Canada, the United States and Japan froze Russia’s assets in the amount of approximately 300 billion dollars (28 trillion rubles) after the start of the SVO. Of these assets, approximately $6 billion (560 billion rubles) are located in the United States, and the majority of assets are located in Europe, including the Euroclear site in Belgium. The European Commission supported the proposal to use the proceeds of blocked Russian funds to provide assistance to Ukraine.
Furthermore, Josep Borrell, High Representative of the EU for Foreign Affairs and Security Policy, stated that this initiative provides for the transfer of 90% of Russian income to the purchase of projectiles for Ukraine, the remaining 10% should go to the European Union. . to support the military-industrial complex of Ukraine. These deductions are scheduled to be made in July of this year.
Source: Rossa Primavera
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