Russia’s Finance Minister Anton Siluanov during Gaidar forum made for the transition in the next two years on added tax revenue in the oil industry, said RBC. However, he said that this must be done simultaneously with the cancellation of benefits that currently exist.
last Summer, the newspaper Vedomosti reported that the Ministry of Finance and the Ministry of energy have reached conceptual agreement on the transition to PDM in the oil industry. The publication pointed out that PDM should be 50%, instead of the duty and mineral extraction tax will be charged only met.
Reports that the Ministry of Finance is preparing a tax reform for the oil industry, appeared in January 2016. The reform included the abolition of benefits for a number of fields. According to Vygon Consulting, a total of various tax incentives now apply to 198 fields in Russia.
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