Global Trade Alert
Global Trade Alert

Russia: Government exempts companies from the mineral extraction tax under certain conditions

Announcement

17 Feb 2023

In February 2023, the president of Russia signed federal law No.29 exempting companies fulfilling certain conditions from the mineral extraction tax for palladium mining in the Krasnoyarsk Territory. 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Jan 2026

Revocation date:

01 Jan 2028

Announced: 17 Feb 2023
Tax or social insurance relief In force
On 17 February 2023, the president of Russia signed federal law No.29 zeroing the mineral exploration tax (MET) for the companies engaged in MET of nickel, copper, and platinum-group metals in the Kra...
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