Increased tax rates for catching fish and seafood in Russia

Published 2022년 11월 23일

Tridge summary

Russia is set to increase fees for the export of certain fish and seafood, while maintaining the same rates for socially significant fish. The new rates, which have not been changed since 2004, will significantly increase revenue for all budgets, as explained by Prime Minister Mikhail Mishustin. From 2025, these rates will be indexed to the deflator coefficient. Companies investing in the development of fish and seafood processing can receive a deduction and pay only 15% of the fee for the entire catch until the end of 2027.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Rates will rise only for those types of fish and seafood that are mainly exported. For socially significant fish - herring, crucian carp and others - the rates will remain the same, Prime Minister Mikhail Mishustin explained earlier. The former fee rate (20 rubles per ton) will remain for non-valuable and mostly caught for personal consumption fish species living in the Baltic and Caspian Seas: vendace, bream, pike, burbot, stickleback, roach, ruff, smelt, sabrefish, rudd, silver bream, tench, perch, crucian carp. But, for example, for pollock, the rate increases from 2 thousand rubles to 4.3 thousand rubles per ton, for flounder - from 10 thousand to 2.1 thousand rubles per ton, for sockeye salmon - from 20 thousand to 30 thousand per ton, for king crab - from 35 thousand to 80 thousand rubles per ton. The minimum value of fees for the use of aquatic biological resources is 150 rubles per ton. For algae, the rate will be 50 rubles per ton. Starting from 2025, the collection rates ...
Source: RG

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