The RF Ministry of Finance prepares a new tax reform options for the oil industry.
Edited by Rhod Mackenzie
The RF Ministry of Finance has prepared a new tax reform options for the oil industry (the transition from a fixed MET to the added income tax, AIT), two federal officials familiar with the materials of the RF Ministry of Finance state. "The Vedomosti" has the presentation.
The reform will apply to both new (first group), and to some of the old deposits (the second group - a list of the pilot projects will be prepared for it). Total production in old fields must not exceed 10 million tons, there is no limit for the new.