Archive for July, 2008

Jul 04 2008

Tax holidays for russian oil

Published by under Oil News

The State Duma passed a law creating tax conditions for developing the economy of Russia. For oilmen lowered the tax burden on oil. It is the introduction of zero rate tax on mineral extraction (NDPI) to the oilfields with reserves of oil difficult. Tax holidays are imposed for a period of 10 to 15 years [...]

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