Etalon developer estimates windfall tax at 309 mln rubles

ST. PETERSBURG. Aug 30 (Interfax) - Etalon Group estimates payment to Russia's federal budget at 309 million rubles as part of the windfall tax, the real estate developer said in a statement.

"The group estimates the amount of excess profit tax [windfall tax] at 309 million rubles, which would be reflected in the item 'current profit tax' in the consolidated statement on profit and losses and other aggregate income in the second half of the year, ending December 31, 2023," according to the developer's consolidated financial report.