Announcement
14 Nov 2014
In the late 2014, the Russian government unveiled a "Tax Maneuver" in petroleum extraction, aiming to promote domestic processing of crude oil and a gradual removal of export duties on both crude oil and oil products.
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Number of interventions
1
0 certainly harmful
0 likely harmful
1 liberalising
List of interventions
Implementation date
01 Jan 2015
Revocation date:
No revocation date
Announced: 14 Nov 2014
Export tax
In force
In an effort to decrease the dependence of the Russian budget from crude petroleum prices and to encourage domestic processing of petroleum, the Government of the Russian Federation announced a number...
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Related State Acts
Announced: 03 Aug 2018
Russian Federation: "Tax Maneuver" in Petroleum Industry, 2018 Edition
Announced: 28 Dec 2016
Russian Federation: Super-deductions for Exploration and Prospecting of Hydrocarbons
Announced: 11 Sep 2014
Russian Federation: Discussed legal amendments concerning oil extraction and exports
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Liberalising Trade Policy Measures
This Thread tracks liberalising trade policy interventions affecting all products. Covering all types of interventions monitored by Global Trade Alert, it highlights how the yearly number of these measures has evolved over time.
Published: 04 Sep 2024
14469
interventions
186
jurisdictions