The government intends in the course of privatization of “Rosneft” osvobodit from payment of income tax holding Rosneftegaz, the state-owned oil company. For this the Tax code would make the necessary amendments that will ultimately help save managing holding more than 100 billion rubles, writes RBC.

The scenario developed by the Ministry of Finance proposing to amend article 251 of the Tax code governing “income not taken into account in determining the tax base”.

In the article it is proposed to include the income, “received a joint stock company, 100% shares of which belong to the Russian Federation from the sale of shares of other organizations, under condition of transfer of such proceeds in full to the Federal budget.” Under these conditions potentially subject to Rosneftegaz, 100% of which is owned by the government and which will act as prodavtsu 19.5% shares of Rosneft.

Amendments to the second reading must come to the Duma until 18:00 Moscow time on November 8, it follows from the bills of the lower house of Parliament. At the meeting of the state Commission, they were considered, but were included in the agenda of unplanned, which caused the controversy, say two Agency interlocutor.

One of the sources said that the amendment of exemption from profit tax is not separately discussed. Another confirms this. However, in the end it was decided to submit them to the state Duma within the specified period.

The press service of the Ministry of Finance and “Rosneftegaz” to a request to RBC for this reason did not answer.

RBC: the state-owned Rosneft may be sold without payment of income tax 08.11.2016

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