🚨 Russia Raises Banking VAT to 22% 💸📈

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Russia has increased the VAT on banking operations to 22%. Banks are passing these costs to consumers, which means prices for goods and services will rise.

⚠️ Expected Impact: Everyday purchases become more expensive, inflation may accelerate, and ordinary citizens feel the burden—not the banks.

💡 Takeaway: Taxing financial services hits consumers first, subtly reshaping the economy.

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