Russian Knights aerobatic team to perform at Dubai airshowMilitary & Defense July 20, 21:28
Russia looks to its Navy to become world secondMilitary & Defense July 20, 19:10
ExxonMobil disagrees with US Treasury Department’s decision to assess fineBusiness & Economy July 20, 18:45
Putin signs decree on Russia’s navy policy until 2030Russian Politics & Diplomacy July 20, 18:39
Putin personally congratulates human rights champion Alexeyeva on her 90th birthdaySociety & Culture July 20, 18:20
Russian boxer Povetkin reinstated into WBO’s ratings, ranked eighthSport July 20, 18:08
Russia’s Syria campaign spending within current combat training costs — Defense MinistryMilitary & Defense July 20, 17:59
Putin says 80% of Russians friendly to people from different ethnic groupsRussian Politics & Diplomacy July 20, 17:51
Russia to develop cruise missiles capable of striking targets at 1,000km rangeMilitary & Defense July 20, 17:42
MOSCOW, June 25. /ITAR-TASS/. Incomes of Russian oil companies will decrease by 130 billion rubles in 2015, by 100 billion rubles in 2016 and by 50 billion rubles in 2017 after the government changes taxation rules for the industry, a source close to the government said on Tuesday.
The latest version of the bill on oil industry tax changes implies a gradual decrease of oil export duties while the mineral extraction tax (MET) will grow.
According to the source, in case the bill is approved, companies will be losing money only during the first three years after the introduction of new rules. In 2018, companies' overall profit will be higher than than it was in 2014 by 300 billion rubles.
An earlier version of the bill stipulated raising fuel oil export duties to 100% of the crude export from 66%. In this case, oil companies would lose 400 billion rubles in 2015, a federal government official said.