Russian tennis star Sharapova granted wildcard for WTA tournament in CincinnatiSport July 27, 20:11
Russia invites Baltic partners to attend naval review in St. PetersburgMilitary & Defense July 27, 19:38
Russia’s new ambassador to Turkey presents his credentials to ErdoganRussian Politics & Diplomacy July 27, 19:03
Deadly wildfires in southern EuropeWorld July 27, 18:20
Russia interested in cooperation with Finland on Arctic environmentBusiness & Economy July 27, 18:14
New US anti-Russia sanctions way to pursue its economic interests with cynicism — PutinRussian Politics & Diplomacy July 27, 18:11
Moscow surgeons separate newborn Siamese twins conjoined at head in 30 minutesSociety & Culture July 27, 17:57
Putin believes ending bloodshed in Syria crucialRussian Politics & Diplomacy July 27, 17:48
Russia’s 6th-generation fighter jet to get lasers capable of burning missile homing headsMilitary & Defense July 27, 17:36
“This is a complicated construction which will inflict a 200 billion ruble loss to the federal budget in the first year,” he said.
Incomes of oil companies will decrease by 130 billion rubles ($3.8 billion) in 2015, by 100 billion rubles ($2.9 billion) in 2016 and by 50 billion rubles ($1.4 billion) in 2017 after the changes, a source close to the government told PRIME late 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, if this bill is approved, companies will lose money in the first three years only after the introduction of the new rules. In 2018, companies' overall profit will be higher than in 2014 by 300 billion rubles ($8.9 billion).
An earlier version of the bill stipulated raising fuel oil export duties to 100% of the crude export ones from 66%. In this case, oil companies would lose 400 billion rubles ($11.8 billion) in 2015, a federal government official told PRIME.
The government will elaborate the final version of the bill and will approve it until Saturday, Siluanov said.