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  • Russia to introduce new utilization fee on finished vehicles in 2018
    Feature

    Russian tax hike to fund higher outbound subsidies

    2018-11-07T10:14:08Z

    Russia’s deputy prime minister, Dmitry Kozak, has announced plans to raise the utilisation fee on imported vehicles by 30%, to help fund an increase in the subsidies provided to export projects in the automotive sector.Both Russian assembly plants and importers have been subject to the utilisation fee since 2014. The ...