The government has introduced a bill to added tax income (JPM), said Deputy Prime Minister Arkady Dvorkovich. However, he added that this document is not yet seen, reports TASS.

Unlike the tax on extraction of mineral resources, PDM will not be charged with the amount of oil produced, and income from the sale of the raw material minus marginal costs of extraction and transportation.

The project involves the voluntary transition to PDM for two groups of pilot projects. The first group is new fields (green fields) in new regions, the second group of Mature fields (brownfields) in Western Siberia with a total annual production of oil on all deposits of not more than 15 million tons.

The possibility of changes in the fiscal regime of the oil industry, we will remind, has been discussed for more than one year. In pilot mode PDM should begin to operate in 2018.

The Finance Ministry has long favoured PDM, explaining that this is a systemic solution for the long term. The parameters of the PDM agreed between the Finance Ministry and energy Ministry.

Oil companies have submitted their proposals for reform at the meeting in the Ministry of energy in January. Rosneft, LUKOIL, Surgutneftegaz, Tatneft and Independent oil and gas company unanimously voted to increase severance tax, while “Gazprom oil” is ready to compromise. They all agree that they should be given the right of voluntary choice of the tax regime for one year from the date of entry into force of the law on the new tax.

The company also considered that for 2010-2017 changing tax environment has led to the increase of the burden on the industry at 1.1 trillion rubles. The discussion escalated when it became clear that none of the parties are not fully prepared to accept the proposal. In mid-February, however, it was reported that differences had been removed.

According to informed sources, the individual benefits acts “Rosneft”. The largest oil Deposit in Russia – Samotlorskoye, in her opinion, should not fall under the NDM, because it is flooded.

Applications for participation in the pilot project on transition deposits in the added tax revenue has filed “Gazprom Neft”, “LUKOIL”, “Surgutneftegaz” and “RussNeft”. All deposits are located in Western Siberia, their total production is about 7 million tons.



The draft law on value added revenue for the oil industry went to the government 19.05.2017

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