Fields with Heavy Oil were Transferred to the Third Group of AIT
New amendments to the Tax Code regarding the taxation of oil companies will come into force in 2024. This is stated in the Federal Law No. 389 published today. Areas with extra-viscous (EVO) and high-viscosity oil are transferred to the payment of income tax on the third group of AIT, …
Rosneft and Federal Tax Agency Signed Pricing Agreement for Taxation of Oil Sales at the Russian Market
On November 20, 2012 Rosneft and Federal Tax Agency signed the Pricing Agreement for the purpose of taxation of oil sales transactions at the Russian market. Six Company subsidiaries also acted as the Parties to the Agreement. The document establishes the principles and methods of pricing in the aforementioned transactions. …