ANNOUNCEMENT 31 Dec 2014

In December 2014, the government of Belarus announced a change in export taxation.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE

Decree 655 from 31 December 2014:
http://www.pravo.by/main.aspx?guid=12551&p0=P31400655&p1=1&p5=0

http://www.pravo.by/main.aspx?guid=177173

Inception date: 01 Jan 2015 | Removal date: open ended

Export tax

With Decree  655, issued by the President of the Republic of Belarus on December 31, 2014, was introduced a fee on the exports from the country of crude oil under tariff line number 2709 00 as per the Common Nomenclature of the Customs Union of Russia, Belarus and Kazakhstan. The taxpayer is the exporter and the tax liability is calculated on a monthly basis, based on the exports to countries with which Belarus has not signed a free trade agreement.
 
The decree came into force on 1 January 2015.
 

AFFECTED SECTORS

 
N/A

AFFECTED PRODUCTS

 
N/A