The RF Ministry of Finance: the term of freezing of export duty on oil may be reduced to 8 months.
Edited by Rhod Mackenzie / 2015-10-12 01:07:02
In 2016 reduction in the export duty on crude oil from the Russian Federation, provided by the tax maneuver, would be frozen for 8 months in order to obtain additional budget of 200 billion roubles of income from oil companies; the freeze might be extended, but not more than until the end of the year, if the budget did not receive that amount by September, the Director of the Department of Tax and Customs Tariff Policy of the RF Ministry of Finance Ilya Trunin told TASS.