The Ministry of Finance commented on the possible introduction of excise duty on automotive tires – RBC

The decision to impose excise duties on tires has been taken. Such a statement to journalists made Finance Minister Anton Siluanov, “Interfax”

“This is no solution” -. Said the minister

As previously discovered RBC, thinking in the government over to. enter the excise tax on car tires. On the possible introduction of excise duty on the bus and know the market participants. According to the head of the Association of manufacturers of tires and general director of «NokianTyres Russia” Andrei Pantyukhov, in an environment where new car sales are reduced, and the purchasing power of citizens falls, the introduction of excise duties will lead to a new rise in prices and further market contraction. Subsequently, Pantyukhov believes this will lead to a reduction in personnel and tax revenues. He suggested that, as the car, and so is the excise goods in relation to components such measures are excessive

According to the official of the Cabinet as a whole discussed three names:. Soda, tire, and palm oil. Earlier, on February 5, “Vedomosti” reported that the government think about the introduction of the excise tax on “bad” foods – chips, electronic cigarettes, soda and palm oil. Later, information about confirmed Minister of Economic Development Alexei Ulyukayev and Minister of Health Veronika Skvortsova. Finance Minister Anton Siluanov, in turn, proposed to introduce excise duty on “harmful” products in the second half.