Russia: Proposed additional options for paying advanced environmental fees
Organisations paying environmental fees (i.e. those performing air emissions, wastewater discharges or waste disposal) may be granted more flexibility for the payment of such fees in advance, if the published draft regulation is adopted.
The current procedure for the calculation of quarterly advanced payments of environmental fees requires the payers to pay in advance ¼ of the environmental fee paid for the previous year. As a result, some organisations are likely to significantly overpay their environmental fees.