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The Ministry of Finance proposes to switch to a reduction factor of 0.66 for calculating the reverse excise duty for refineries in 2028.

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Interfax · · Source

The Ministry of Finance proposes to switch to a reduction factor of 0.66 for calculating the reverse excise duty for refineries in 2028.

The transition to a reduction factor of 0.66 when calculating the reverse excise tax for refineries that did not meet the fixed requirements for the production and sale of gasoline is proposed to be postponed until 2028, Deputy Minister of Finance Alexey Szanov said at the meeting of the budget committee of the State Duma, where amendments to the tax law are being considered.

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