Russian Minister of Industry and Trade Denis Manturov said that fertilizer export taxes will remain flexible. He spoke about this decision on the sidelines of the Russia exhibition and forum in Moscow. RIA News.
On Monday, November 6, the head of the ministry attended an event at VDNH. At the same time, as Manturov noted, the mechanism of flexible export taxes applied to mineral fertilizers used in the country is balanced and does not need to be changed.
Answering the question about a possible revision of the task collection mechanism, the head of the department said: “We believe that this decision today is fair and balanced for everyone.”
In the Russian Federation from October 1, 2023 started Apply flexible export taxes covering a wide range of products. In particular, the cash fee for fertilizer exports was 10% at an exchange rate of over 80 rubles per US dollar. If the rate is average, that is, less than 80 rubles per dollar, the tax is 7%.
However, there is a minimum rate for each type of fertilizer. To export nitrogenous fertilizers out of the country, you need to pay at least 1.1 thousand rubles per ton of goods, and when exporting phosphate fertilizers – 2.1 thousand rubles per ton of goods. Potash fertilizers can only be exported after paying a tax of at least 1.8 thousand rubles per ton.
Formerly in the Russian government started Discuss the possibility of tying taxes to world prices.