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Russian Federation: "Tax Maneuver" in Petroleum Industry, 2018 Edition

Description

The increase in the domestic price of crude that affects domestic refineries, resulting from the elimination of export duties, is to be compensated with an excise tax drawback scheme, with refineries ...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Jan 2019

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

sector-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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