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Russia should get firms to pay environmental fines from profits, says PM

The move comes after a major fine for a massive Arctic spill lowered Nornickel's local tax contribution.

By Reuters May 13, 2021

MOSCOW — Russia should get companies to pay compensation for environmental damage from their net profits rather than expenses after Nornickel’s payment of a $2 billion fine for a major Arctic fuel spill reduced its tax base, the prime minister said on Wednesday.

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