In Russia, the fee for catching fish and seafood has increased
Seafood
Russia
Published Nov 25, 2022
Tridge summary
Revision of tax rates will significantly increase revenues to the budgets of all levels, Russian Prime Minister Mikhail Mishustin explained earlier. Moreover, the rates will be increased only for those types of fish and seafood that are mainly exported, and for socially significant ones - herring, vendace, crucian carp, and others - will remain at the same level, he noted.
Original content
Revision of tax rates will significantly increase revenues to the budgets of all levels, Russian Prime Minister Mikhail Mishustin explained earlier. Moreover, the rates will be increased only in relation to those types of fish and seafood that are mainly exported, and in relation to socially significant ones - herring, vendace, crucian carp and others - will remain at the same level, he noted. Companies that invest in the development of production and increase the volume of fish and seafood processing at enterprises in Russia will be able to receive a deduction until the end of 2027 and pay only 15% of the fee for the entire catch if they are engaged in fishing in the coastal zone or process the catch on shore or at sea, as well as fishing on new vessels built at Russian shipyards. A similar right is granted to fishing artels (collective farms). The law establishes the minimum value of fees for the use of aquatic biological resources in the amount of 150 rubles/ton, with the ...
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