The Governor of Khanty-Mansi Autonomous Okrug Proposed to Return the Right to Dispose of Subsoil to the Regions
The governor of the Khanty-Mansi Autonomous Okrug Natalya Komarova proposed to return the right to dispose of small deposits to the regions. The head of Yugra made such a statement at a closed meeting with the heads of large oil companies on tax legislation under the State Duma Committee on Budget and Taxes, which was held in Khanty-Mansiysk. The text of the proposal was published by the district government on the official website.
“In order to increase the efficiency of state policy in the field of subsoil use, reduce administrative barriers at the licensing stage, I consider it expedient to transfer powers to the regions to dispose of subsoil plots with reserves of up to one million tons and resources of up to three million tons of oil, with reserves of up to three billion cubic meters and resources of up to five billion cubic meters for natural gas,” the governor said.
In addition, the head of Yugra proposed updating the tax regimes for oil and gas companies and expanding the application of the additional income tax (ATD), which is paid after receiving profit from the sale of mined minerals.
“I support the proposals of oil companies to include about 70 subsoil plots in the Tax Code for transfer to the AIT regime, as well as the proposals of Rosneft Oil Company PJSC to fine-tune this regime,” Komarova added.
Komarova also proposed to provide for a deduction for oilmen from taxes on mineral extraction in the amount of costs for seismic exploration, reference, parametric and exploratory drilling as the most risky in terms of obtaining the result of the work. According to the governor, the deduction will save jobs and maintain the level of oil production, as well as increase the investment activity of oil and gas companies.
Earlier, URA.RU wrote that the oil companies of Khanty-Mansiysk Autonomous Okrug are at risk of losing tax benefits. The Ministry of Finance proposed to postpone the introduction of a 20% deduction for three years.