CONTINUEThis site uses cookies. By continuing to browse this site you are agreeing to our use of cookies. Find out more.
  1. Front Page
  2. News By Topic
  3. Russia Adjusts Law On Car Recycling Tax

Russia Adjusts Law On Car Recycling Tax

by Tatiana Smolenska, Tax-News.com, Moscow

13 January 2014


Russia has changed the law on its vehicle recycling fee following complaints made to the World Trade Organization (WTO) by the European Union (EU) and others.

The amendment, which was enacted on January 01, 2014, requires domestic automakers to pay the same recycling fee as foreign manufacturers, as requested by Japan in WTO dispute settlement consultations.

The recycling fee, introduced on September 01, 2012, is levied on imported cars, trucks, buses and other motor vehicles at rates ranging from EUR420 (USD571) to EUR147,700. Although the fee also applies to domestic manufacturers, exemption was granted to vehicles from Russia's Customs Union partners Kazakhstan and Belarus, as well as domestic manufacturers which agreed to handle waste safely.

The fee was disputed by the EU, Japan and the United States on the grounds that it appeared to conflict with Article III of the General Agreement on Tariffs and Trade 1994 by giving preferential treatment to Russian and Customs Union car makers.

The amendment removes the exemptions for vehicles produced in Russia, Kazakhstan and Belarus.

TAGS: Russia | tax | law | Belarus | Kazakhstan | United States | European Union (EU) | Japan | Europe

To see today's news, click here.

 
















Tax-News Reviews

Cyprus Review

A review and forecast of Cyprus's international business, legal and investment climate.

Visit Cyprus Review »

Malta Review

A review and forecast of Malta's international business, legal and investment climate.

Visit Malta Review »

Jersey Review

A review and forecast of Jersey's international business, legal and investment climate.

Visit Jersey Review »

Budget Review

A review of the latest budget news and government financial statements from around the world.

Visit Budget Review »



Stay Updated

Please enter your email address to join the Tax-News.com mailing list. View previous newsletters.

By subscribing to our newsletter service, you agree to our Terms and Conditions and Privacy Policy.


To manage your mailing list preferences, please click here »