Official Letter No. BG-6-02/506@ of 2001 of the Ministry of Taxes and Dues regarding expenses in connection with purchase of the quotas for the catch of aquatic biodiversity (cost of the purchased lots, stock dues).

Subject

Fisheries

Keyword

Biodiversity Allocation/quota Marine fisheries Tax/levy

Geographical area

CIS (Commonwealth of Independent States), Eastern Europe, Europe

Entry into force notes

Entry into force from the date of issue.

Abstract

The Ministry of Taxes and Dues, in connection with requests of fiscal institutions and taxpayers as regards the lawfulness of ascribing to production cost (produce, service) of the cost of purchase of the acquired lots and of stock dues, gives the following communication. The purchase of quotas for the catch of aquatic biodiversity and the assignation of the respective licence is the condition for carrying out of economic activity by a given organization. On the grounds of the aforesaid premise

Full text

Russian

References - Legislation

Implements

Ministerial Decree No. 1010 of 2000 regarding quotas for fishing (harvest) of aquatic biodiversity in the internal sea, territorial sea, continental shelf and Exclusive Economic Zone of the Russian Federation.

Legislation | Russian Federation | 2000 | Repealed

Keyword: Allocation/quota, Total allowable catch, Marine fisheries, EEZ-Exclusive Economic Zone, Territorial sea, Continental shelf

Source: FAO, FAOLEX