The government will revise the tax rates for fishing for export

by time news

Prime Minister Mikhail Mishustin said that the tax rates for the catch of aquatic biological resources in Russia will be increased for those types of seafood that are mainly exported. The fee for catching fish of socially important species will remain the same. The prime minister noted that rates have not been raised for more than 16 years. Also, the government will provide benefits to enterprises that invest in the development of the industry.

“This (revision of the rates of the fee per catch. – “B”) will significantly increase revenues to the budgets of all levels. Moreover, the rates will be increased only for those types of fish and seafood that are mainly exported. And socially significant ones, such as herring, saury, vendace, crucian carp and others, will remain at the same level, ”said Mr. Mishustin at a government meeting.

He added that the government has provided for a mechanism for granting benefits to industry enterprises that invest in the development of production and increase the volume of fish and seafood processing at enterprises in Russia. “According to the bill, such companies can receive a deduction and pay only 15% of the tax for the entire catch if they fish in the coastal zone or process the catch onshore or at sea, as well as fish on new vessels built at our shipyards. But exporters who prefer to export raw materials abroad will have to pay in full, ”the prime minister explained.

When drafting amendments to the fisheries tax code, the government provided for a three-year transition period: in 2020-2022, fishermen must pay half of the adjusted tax.

About other amendments to the Tax Code of the Tangent Fishing Industry – in the material of “Kommersant” “The fish was recognized as Russian.”

.

You may also like

Leave a Comment