Found: 394

Why is the rise in fuel prices at gas stations accelerating despite the decrease in stock exchange prices?

... will also go up. According to Stankevich, these factors will be reflected in the price for the end consumer, but the increase will be gradual, not sudden. Regulators, primarily the Federal Antimonopoly Service (FAS), will closely monitor prices, but economic laws are inevitable. Alexander Kotov, head of consulting at NEFT Research, believes that the increased tax burden in oil extraction and exports will primarily affect the profitability of oil refining. However, wholesale fuel prices are regulated ...

The Harshest Package: What the New EU Sanctions Mean for Russia

... has yet to join these sanctions, their effectiveness is in serious doubt," says Maxim Shevyrenkov, head of the raw materials market analysis center at the Institute of Energy and Finance (IEF). The price cap on Russian oil united the G7 in their economic sanctions against Russia, reminds Stanislav Mitrakhovich, an expert from the Financial University and the National Energy Security Fund. Consequently, he notes that the EU's proposal to lower the cap did not receive support from U.S. President ...

What Tax Incentives are Available for Entrepreneurs and Investors in Russia?

... can be reduced to 3%. There are also exemptions for VAT and property tax. Discounted insurance premiums. For accredited IT companies, the insurance premium rate is 7.6% instead of the standard 30%. Incentives for residents of technoparks and special economic zones. Companies operating in such zones can expect exemptions from property tax and land tax, as well as reduced corporate income tax rates. 4. Tax Incentives for Skolkovo Residents Residents of the Skolkovo Innovation Center enjoy significant ...

The Russian government will extend the permit for gasoline exports for one month.

... months, but the effective date might be delayed due to regulatory approval procedures. In mid-June, the Ministry of Energy's press service confirmed to Vedomosti that the draft regulation must be approved by the Ministry of Finance, the Ministry of Economic Development, and the Federal Customs Service. One source noted that the Federal Anti-Monopoly Service supports the diesel export ban. Vedomosti sent inquiries to the above-mentioned ministries and the office of Deputy Prime Minister Alexander ...

Russia has found a way to maintain gas supplies to Europe bypassing sanctions.

... decree on gas payments in rubles from March 31, 2022, for "unfriendly" countries. “Russia is making a significant gesture to Europeans to prevent a halt in gas supplies from December 20. Unlike the US, which is cornering the Europeans economically, the US is well aware that payments for pipeline gas are routed through Gazprombank, and at present, there is no alternative method for payment. Meanwhile, the US is deliberately cutting off Russian gas supplies not from March 1 or April ...