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07.12.2010 New tax law for coal industry likely to be enacted in April


The amendments are prepared for 2nd hearing by the Duma, Sergei Shatalov (Russia, deputy minister of finance) informed, adding they might be enacted from 04/2011.

The amendments introduce tax remissions for coal enterprises in order to provide for enhanced safety measures. New tax rate for anthracite production is set at 47 roubles per t, for coking coal—57, brown coal—11, for other coals—24 roubles per t.


Source:   metcoal.ru