The Ministry of Finance offered from April 1, to increase the excise tax on gasoline – Russian Newspaper

Excise taxes on gasoline in Russia on April 1, could grow by two rubles. With the initiative of their increasing acts Ministry of Finance

“We propose to increase the excise on petrol by 2 rubles and diesel by 1 ruble This will bring the budget 80 billion rubles in 2016.” -. Told reporters, Finance Minister Anton Siluanov , as quoted by RIA Novosti.

According to the head of the Ministry of Finance, the increase of excise duties, if it is approved, it should not lead to a rise in price of fuel. “The ruble the price of oil drops on opte price of gasoline is determined by net back, respectively, and the price of gasoline should be reduced Therefore, we believe that motorists should not feel this change.” – Said Siluanov

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The Ministry of Finance also proposes to halve the deduction of tax on the extraction minerals (MET). Siluanov explained that the system of taxation of oil industry current oil prices works in favor of the oil industry, but not in favor of the budget.

He said that currently in the calculation of severance tax on oil set a deduction of $ 15 per barrel, which is according Siluanov, formed as the costs of production of a barrel of oil in the face of high oil prices. Now the cost is much lower – twice, because the ruble price has not changed, but the dollar declined. “So logically now we need to deduct the severance tax to adjust According to our estimates, about twice.” – Said Finance Minister

By the way, Anton Siluanov said that the Ministry of Finance and the Ministry of Energy to be determined during this year. with the parameters of the tax reform of the oil industry

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As the finance minister said, now there are a lot of tax regimes that relate to the provision of the benefits at the initial stage, the final stage of privileges, when it generated the field. “All of this provides a separate mechanism for providing benefits worth question. Or preserve it, or do a single system of tax on additional income” – said Anton Siluanov

The Federal Antimonopoly Service (FAS), meanwhile, say. that the tax burden on the oil industry in Russia is quite large. And this, according to the department, one of the reasons for the slow reduction in fuel prices on the background of sharply sagging oil. The share of taxes in the cost of fuel in Russia, according to the FAS, is 55-60 percent. Above – in Europe – about 80 percent. The lowest figure in the United States -. Only 20-25 percent

By the way

Finance Ministry still aims to achieve 3 percent budget deficit at an oil price in 2016 of $ 40 per barrel. If it is at the level of 30 dollars per barrel, the amount of lost revenues, according to Finance Ministry estimates, will amount to 2 – 2.5 trillion rubles

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