Tax share in Russian profits depending on oil price 2014

This statistic depicts the tax share of Russian profits from oil products, depending on the oil price, as of 2014. With an oil price around 60 U.S. dollars, the share of taxes in Russian oil profits would be 42 percent based on the tax maneuver. With the tax maneuver, Russia will gradually cut its oil export taxes between 2015 and 2017.

Tax share in Russian oil profits depending on oil price, as of 2014

Oil price in U.S. dollars per barrel"55-61" tax regime*Tax maneuver
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Source

Release date

December 2014

Region

Russia

Survey time period

as of December 2014

Supplementary notes

* Old tax regime, signed in September 2013, describing the maximum rate of export duty on crude oil as planned for January 2016.

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Statistics on "Russia"

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