The Finance Ministry expects to reduce export duties on oil after 2016

13 November 2013, Wednesday
The Finance Ministry plans to continue the gradual reduction of export duties on oil and oil products after 2016, when will the tax maneuver in the industry, said Deputy Finance Minister Sergei Shatalov on tax conference organized by the American Chamber of Commerce in Russia.

Tax maneuver in the oil industry assumes an increase in the severance tax on oil while reducing the export duty on light oil products and crude oil. 
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