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Finance Ministry: Tax Holidays for Oil Fields to Be Discussed in the Fall
The issue of granting tax holidays under the severance tax for the Sea of Okhotsk and the Black Sea will be considered in the fall, said Deputy Finance Minister Sergei Shatalov.
“In the fall, we will again go through the possibility of granting tax holidays [severance tax imposed on the oil fields] for the Sea of Okhotsk and the Black Sea,” RIA Novosti quoted Shatalov as saying.
Shatalov said they are currently deliberating on granting tax holidays for new fields in the places, which are difficult to exploit.
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