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Russian Federation: Extraction tax and export tax preferences for offshore oil and gas

Description

On 25 September 2013, the Russian parliament approved several tax preferences for offshore oil and gas extraction, effective 1 January 2014.  More specifically, the following companies and fields bene...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Jan 2014

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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