Between January and March, Moscow’s budget revenues increased by 23%

At the end of Q1 2017, Moscow budget revenues stood at RUB 471.2 bn. 

Taxes account for about 89% (RUB 420.8 bn) of Moscow’s Treasury revenues. Of these, corporate profit tax contributed the biggest share (RUB 207.8 bn, an increase of 36%), followed by personal income taxes (RUB 154.1 bn, an increase of 6%).