Russian capital outflow tax proposed by Putin advisor

Russian capital outflow tax: Sergei Glazyev, the Central Bank of Russia’s  First Deputy Chairman and an adviser to President Vladimir Putin, yesterday suggested that a tax should be on imposed on money being moved abroad. His proposal comes as the Economic Development Ministry sharply raised its  predictions for capital outflow  this year to  $120 billion on account of tensions over the situation in Ukraine and the weakening rouble. St Petersburg Times