HC Deb 11 July 1922 vol 156 c1071W

asked the Chancellor of the Exchequer what is the approximate amount of the returns derived from taxation in Russia in 1920 and 1921?


The revenue expected to be derived from taxation in 1920, as stated in the official publication of the Commissariat for Finance, was 159,600 million roubles, but it is understood that, in fact, the returns were much less. The returns from taxation in 1921, according to a statement made to the Hague Conference by M. Sokolnikof, the Assistant Commissar of Finance, amounted to 350 millions of 1922 roubles. A 1922 rouble is equivalent to 10,000 roubles of previous issues.