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Russia Returns to the Gold Standard

Video Credit: Rumble - Duration: 00:30s - Published
Russia Returns to the Gold Standard

Russia Returns to the Gold Standard

The government will abolish the value added tax (tax) on gold bullion.

This bill will be introduced to the State Duma on March 4.

In the future, when buying gold bars or other precious metals from a bank, the current 20% tax on the value of the gold will no longer apply.


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