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19.03.2014 Russia to increase severance tax and to cut oil export duty

The Russian government is planning a sharp cut in crude oil export duty with a simultaneous sharp growth of severance tax.

18.03.2014 Russia increases oil export duty

Russian oil export duty will rise $2.6, or 0.68 percent month-on-month on April 1, 2014, a leading expert at the tax and customs and tariff policy department of the Russian Finance Ministry Alexander Sakovich told Itar-Tass on March 17.

07.02.2014 Russia may cut gasoline export duty

Russia’s Finance Ministry has suggested reducing the gasoline export duty gradually to 87% in 2017 from the current of 90% of the oil export duty rate, a source familiar with the matter told Prime on February 6.

31.01.2014 Belarus to cuts oil export duties

As from 1 February 2014 Belarus will reduce export duties on oil and oil products exported outside the customs territory of the Customs Union, Belta reported on January 30. The decision is stipulated by Council of Ministers Resolution No.