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

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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.
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Oil price in U.S. dollars per barrel"55-61" tax regime*Tax maneuver
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Oil price in U.S. dollars per barrel"55-61" tax regime*Tax maneuver
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Description Source More information
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.
Show more
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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