Found: 90

What does the new increase in fuel excise taxes mean

... According to analysts from OPEN OIL MARKET, eliminating the current asymmetry in railway tariffs could become a key measure to curb fuel prices. By equalizing rates for the transportation of coal and petroleum products, it would be possible to offset the impact of rising excise taxes. However, tariff adjustments should be implemented alongside other measures to contain price growth. These measures include maintaining the current corporate income tax base rate for refineries (set to rise from 20% to 25% in 2025) and increasing ...

Revenue from MET (Mining Extraction Tax) increased 2.5 times in the first half of 2024.

... Recently, an article was published on sergeytereshkin.ru discussing the rapid growth of revenues from MET (Mineral Extraction Tax) in Russia during the first half of 2024, which increased 2.5 times. The article examines the reasons behind this growth, its impact on the national economy, and potential prospects for businesses and investors. Discover how this shift in tax policy could affect the fuel sector and what opportunities it presents for entrepreneurs. Read the detailed analysis in my article. The expansion of the Additional Income Tax (AIT) regime, which now covers more than half of Russia's taxable oil production,...

Risks of Cryptocurrency Investments

... sense to allocate a small portion of your capital to cryptocurrencies. The key is not to invest money that would critically impact your budget if lost. Experts recommend including cryptocurrency in your portfolio in moderation (for example, no more than ... ... be disrupted, and rewards will not be accrued temporarily, even though the funds remain locked. Finally, don’t forget about taxes: rewards received from staking are considered income and are subject to declaration under the general rules (as described ...

The budget is in the black. What ensured the increase in oil and gas revenues?

... prices and the weakening of the ruble have led to a significant boost in federal budget inflows. Tereshkin also examines the impact of international sanctions and the adaptation of the Russian economy to new conditions, emphasizing the importance of diversification ... ... in the First Seven Months of 2024 In the first seven months of 2023, payments under the damping mechanism, reverse excise tax, and investment allowance amounted to 1.21 trillion rubles. For the same period in 2024, these payments reached 2.19 trillion ...

The share of oil and gas revenues in the 2024 budget is growing beyond the planned levels.

... share of oil and gas revenues in Russia's budget is growing faster than anticipated. What is driving this increase, how will it impact the economy, and will the country be able to handle potential risks? Read more about this in our article. The share of ... ....9%, reaching 18 trillion rubles. Sources of Oil and Gas Revenues Oil and gas revenues are derived from mineral extraction tax (MET), additional income tax (AIT), and export duties. However, these are reduced by the amount of reverse excise payments ...