City
Epaper

Russia imposes new tourist tax, lifts export duties on coal

By IANS | Updated: January 1, 2025 09:10 IST

Moscow, Jan 1 A new tourist tax has come into effect across Russia on Wednesday, replacing the previous ...

Open in App

Moscow, Jan 1 A new tourist tax has come into effect across Russia on Wednesday, replacing the previous resort fee, local media on Wednesday.

From January 1, 2025, travellers staying in hotels and other accommodations will contribute an additional 1 per cent of their lodging costs, marking the start of a phased plan to bolster regional tourism infrastructure, reports Xinhua, quoting RIA Novosti news agency.

The tax was introduced as part of amendments to the Russian Tax Code in July 2024, which added a new chapter titled "Tourist Tax," granting regional authorities discretion to implement the tax as a local levy. Many regions, particularly those with established or emerging tourism industries, have already embraced the initiative.

Under the current framework, the tourist tax will begin at a rate of 1 per cent in 2025 and gradually rise to 3 per cent by 2027. To ensure a baseline contribution, a minimum daily charge of 100 rubles (0.9 US dollars) has been established.

While hotels and other lodging providers are technically taxpayers, the cost will be incorporated into the price of accommodations, thus being passed on to tourists.

Additionally, Russia has also officially dropped export duties on anthracite, coking coal, and thermal coal starting January 1, 2025, local media reported on Wednesday.

Introduced on October 1, 2023, flexible export duties were in place until the end of 2024. However, duties on anthracite and thermal coal were temporarily suspended between May 1 and November 30, 2024.

In November 2024, the Russian government decided to lift the export duty on coking coal ahead of schedule and extended the suspension of duties on anthracite and thermal coal to support the coal industry.

--IANS

int/sd

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

International3 dead, 2 injured in shooting in Italy's Sicily

Other SportsIPL 2025: Rickelton, Surya fifties propel Mumbai Indians to 215/7 against LSG

NationalIt’s time to reclaim PoK: Abhishek Banerjee

NationalAligarh: Karni Sena Members Attacked SP MP Ramjilal Suman’s Convoy With Tyres; Video Surfaces

International9 killed as car drives into Filipino heritage festival crowd in Vancouver

International Realted Stories

InternationalS. Korea-US tariff talks ease uncertainty, open path for orderly consultation

International2 killed, 10 injured in US airstrikes on Yemen's Houthi-held capital: Report

InternationalChina raises national flag on disputed reef near Philippine base, escalating tensions in South China Sea

InternationalLapu Lapu Festival Tragedy: 9 Killed, Several Injured After Man Drives Into Crowd at Filipino Festival in Vancouver

InternationalLynched for belief: The systemic persecution of Ahmadi Muslims in Pakistan (IANS Analysis)