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Russia may tax copper rods to close Loophole
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Friday, 10 Feb 2012
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Russia may introduce an export duty on copper rods after producers began shipping the rods to avoid a regular copper levy.

Mr Vitaly Gudkov an official at the Economy Ministry said that the rods may be taxed at 7.5% of customs value compared with 10% for copper.

(Sourced from Bloomberg.net)

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