Windfall tax for major companies to be introduced in Russia

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Monitoring of the Federal Legislation dated 26.05.2008

Decision of the Government of the Russian Federation No. 378 of May 22, 2008 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 Members-States of the Customs Union Agreements

From June 1, 2008, increases 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.

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