Archive for the tag 'Tax'

Dec 10 2008

Russia has reduced the export duty on oil

Published by admin under Oil News

According to the ruling of Russian government â„– 876 (26 November, 2008) the amount of export duty on oil will be $192.1 per ton. Duty on light oil products will be $141.8 per tonne, on dark - $76.4 dollars per tonne.
This ruling will protect Russian oil exporters from the crisis in the oil market. Earlier, [...]

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Jul 04 2008

Tax holidays for russian oil

Published by admin under Oil News

The State Duma passed a law creating tax conditions for developing the economy of Russia. For oilmen lowered the tax burden on oil. It is the introduction of zero rate tax on mineral extraction (NDPI) to the oilfields with reserves of oil difficult.
Tax holidays are imposed for a period of 10 to 15 years depending [...]

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