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Belarus introduces eco-tax on oil transit

Belarus introduces eco-tax on oil transit 

Belarus introduces an environmental tax on the transit of oil and oil products through its territory. The corresponding decree was signed by Belarusian President Alexander Lukashenko.

 Belarus oil pipeline

In addition, in order to eliminate the possible environmental consequences of accidents at oil pipelines for organizations engaged in the transportation of oil and oil products, the profit tax rate of 50 %.

“The draft decree was worked out last year, there were several versions of this document. As far as I know, it was supposed to introduce a fixed (environmental – ed.) Tax of 35 (Belarusian) kopecks per 100 ton-kilometers (pumping – ed.), ”A source in the republic’s oil industry told the agency RIA Novosti . familiar with the development of the draft decree.

“The last version of the decree has not yet been officially published, we only know about its signing … But it is assumed that Gomeltransneft Druzhba will pay this environmental tax as the operator of the Belarusian section of the Druzhba pipeline. Transneft will not pay anything. This does not affect the Russian side at all, ”the source added.

He explained that raising the income tax rate to 50% also applies to the state pipeline company in Belarus, but this is“ just a fiscal way of taking income. ”[19659004] “The decree has no other color than … redistribution of income, it just coincided with these all the difficulties (in the relations between Minsk and Moscow in the issue of oil supplies – ed.),” The agency’s interlocutor emphasized. .

Belarus introduced the tax retroactively

In turn, another source in state agencies told RIA Novosti that the decree of the President of Belarus would enter into force on January 1, 2020. And the document was officially published only today.

Gomeltransneft Druzhba OJSC pumps oil from the Russian part of the Druzhba oil pipeline to Western and Eastern Europe, supplies Belarusian petrochemicals with hydrocarbon raw materials, and also carries out the transportation of petroleum products through Belarus .

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