Strategies and Implications for Russia to Cope with the New Round of Tax Sanctions from the United States and Europe

Xinyu Zhang and Hongjun Jing ()
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Xinyu Zhang: Harbin University of Commerce
Hongjun Jing: Harbin University of Commerce

A chapter in Proceedings of the 2025 5th International Conference on Enterprise Management and Economic Development (ICEMED 2025), 2025, pp 295-304 from Springer

Abstract: Abstract With the ongoing complexity of the international landscape, strategic competition among major powers has become increasingly intense. Against this backdrop, the United States and Europe have leveraged the Ukraine crisis to impose a series of tax-related sanctions on Russia, including tax investigations targeting Russian oligarchs, the imposition of higher tariff barriers, and the inclusion of Russia on tax avoidance blacklists. In response, Russia has adjusted its tax structure, introduced preferential tax policies, and implemented counter-sanctions backed by a relatively sound fiscal position. Based on an analysis of the tax sanctions and countermeasures between the United States, Europe, and Russia, and in light of China’s current conditions, this paper proposes that China should reduce sovereign debt through fiscal and financial instruments, accurately monitor the policy orientations of U.S. and European tax sanctions, adopt a systematic approach to handling such challenges, and safeguard national economic interests.

Keywords: tax sanctions; tax-structure adjustment; U.S. and European sanctions; Russia–Ukraine conflict (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-811-0_32

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DOI: 10.2991/978-94-6463-811-0_32

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