Russia: New Formula for Calculation of Wheat Export Duty Adopted
In accordance with Government Resolution No. 513 of May 28, 2015, as of July 1, 2015, Russia will start using a special formula for the calculation of the wheat export duty. The export duty will be 50 percent of export value minus 5,500 rubles per 1 metric ton (MT), but not less than 50 rubles per 1 MT.
Russia: New Formula for Calculation of Wheat Export Duty Adopted
