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Date: 5 months ago   Category: Finances

Tax maneuver for oil industry workers: the state has created to itself a headache?


Reform, by calculations, has to bring in treasury to 1,6 trillion rubles in six years. But at expensive oil and weak ruble there can be a paradox: the stronger the income of oil industry workers will grow, the more will pay extra them the state of the Photo: depositphotos.com the Prime minister Dmitry Medvedev will meet on September 18 oil industry workers. Most likely, the we will talk about tax maneuver. The finishing part of reform comes into force since 2019. By different calculations, the tax maneuver will bring in treasury from one trillion to 1,6 trillion rubles in six years, that is in a year about 200 billion. But it doesn't mean that the budget will grow rich. Reform is that the authorities will lift a tax on oil production and at the same time to reduce export duty to zero. It means that the internal price of raw materials has to grow in the country. Because export duty, on the one hand, filled the budget, and with another — established a price barrier between foreign market and internal. Now taxes are postponed from export for domestic production and consumption. Was so earlier: oil in foreign market, for example, costs conditional 100 dollars. But export duty in 50 lowers the internal price to 50 dollars. And now: for what the oil companies will sell in domestic market for conditional 50, but not for 100 if they have sent for export, the government these 50 promises to compensate to them at own expense, having levied increased taxes and excises on the road. The example slightly with great reserve — export duty still is. But principle such. However, the head of department of tax and customs policy of the Ministry of Finance Alexey Sazanov said recently that the mechanism has to well rabotat:aleksy Sazanov the head of department of tax and customs policy of the Ministry of Finance "By results of each tax period we will watch at what prices the oil companies traded in oil products in domestic market, and if they appear in that range of the prices which is determined for the corresponding tax period, it will be simple to them to come back a certain sum of money from those additional budget revenues which as a result of tax maneuver the budget will receive. I will notice that the excise is paid at oil refinery, and to all Russia only 30 oil refineries, and any bargaining won't be". But the main thing that the authorities undertake reform at the most inappropriate moment. Oil very expensive, and ruble very cheap. And in it the main paradox. The oil barrel in rubles costs more than five thousand. It never was. And probably when conceived maneuver, and couldn't assume it. And now it turns out that the oil is more expensive and the ruble is weaker, the more state should pay extra to oil industry workers. They could sell duty-free fuel abroad and receive for it many rubles. And from them demand to sell within the country at low price. And the companies want that the government returned them all half-received income. The Ministry of Finance has, of course, other position, Alexey Sazanov told Business FM: "How to distribute that burden at the prices below the export prices of deliveries to domestic market between a nave

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