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Summary This content was produced in Russia where the law restricts coverage of Russian military operations in UkraineMOSCOW, Feb 8 (Reuters) - Russia is looking at introducing a one-off, voluntary windfall tax on big business, an official said on Wednesday, as the country's monthly revenues from oil and gas drop to their lowest levels since 2020. Three sources familiar with the discussions later told Reuters that authorities were considering a one-off budget contribution from businesses of about 200-250 billion roubles ($2.8-$3.5 billion). The price of Russian oil has fallen around 20% since early December, when Western countries set a $60 price cap on Russian oil exports. "A voluntary contribution from business... is being discussed, a one-off contribution," First Deputy Prime Minister Andrei Belousov said, in comments published by Russian news agencies. It is a windfall tax, a concept in tax practice known as a one-time tax collection," Belousov said, adding that the measure would be voluntary in nature.
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