The Ministry of Finances concretizes the mode of mineral tax calculation when changing oil reserves at the state balance
Edited by Rhod Mackenzie / 2013-11-28 01:06:23
The Ministry of Finances concretizes in the letter # 03-03-03-01/47119 signed on Nov 5, 2013 the mode of the use of the coefficient characterizing the volume of oil reserves at a concrete site to mineral tax when changing oil reserves at the state balance and setting them to balance within a year. The Ministry reminds that mineral tax rate is also multiplied to the coefficient characterizing the volume of reserves at a concrete site when extracting dehydrated, desalted and stabilized oil.
