ANNOUNCEMENT 15 May 2015

In May 2015, the government of the Russian Federation announced a change in export taxation.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising

SOURCE

The Russian Government (2015). ПОСТАНОВЛЕНИЕ ПРАВИТЕЛЬСТВА РФ ОТ 15 МАЯ 2015 Г. N 467 "ОБ ОТМЕНЕ ВЫВОЗНОЙ ТАМОЖЕННОЙ ПОШЛИНЫ НА ПШЕНИЦУ". (Resolution of the Government of the Russian Federation of May 15, 2015 No. 467 "On abolishment of export customs duty on wheat"). Available at http://government.ru/docs/18129/

Inception date: 15 May 2015 | Removal date: open ended

Export tax

With the Decree No. 467 of 15 May 2015, the Russian government abolished the tax on wheat exports ahead of schedule (description below). 

 

For the initially planned period 1 February--30 June 2015, the Russian Federation (according to Decree No. 1495 of 25 December 2014) applied a temporary combined tax on wheat exports (classification codes 1001 11 000 0, 1001 19 000 0, 1001 91 100 0, 1001 91 200 0, 1001 91 900 0, 1001 99 000 0). It consisted of an addition of extra 7.50 EUR to the existing 15% tax on the customs price, which was not less than 35 EUR per tonne.

 

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