Windfall tax for major companies to be introduced in Russia

Garant Free Online Demo

Legal information system for your company.
Simply click on the button Start working and the system Legislation of Russia in English will be available for unlimited time.

Daily Monitoring of the Legislation

Monitoring of the Federal Legislation dated 22.03.2007

Decision of the Government of the Russian Federation No. 164 of March 20, 2007 on the Endorsement of the Rates of Export Customs Duties for Raw Oil and Individual Categories of Commodities of Oil Exported from the Territory of the Russian Federation Outside the Member-States of the Customs Union Agreements

Reduces the rates of export customs duties for raw oil and individual categories of commodities of oil exported from the territory of the Russian Federation outside the member-states of the Customs Union agreements
      The rate of the export customs duty for raw oil is fixed in the amount of USD 156.4 per ton instead of USD 179.7.
      Export from the Russian Federation of light and medium distillates, gas oils, propane, butane, ethylene, propylene, butylene and butadiene, other liquefied gasses, benzene, toluene, xylenes is subject to the duty at the rate of USD 117.7 per ton (instead of USD 133.4).
      The rate of the export duty for liquid fuels, lubricants, spent oil products, petrolatum, paraffin, microcrystalline oil wax, gatch, other mineral waxes and similar products (other than the raw ones), as well as the oil coke, oil bitumen and other residues of processing of oil or oil products from bituminous materials (other than calcined oil coke) is reduced from USD 71.8 to USD 63.4 per ton.
      The Decision is entered into force from April 1, 2007.

Contact Us

Leave us a message