UDC 681.3
Authors
Basiev H.R., Kosaeva S.E., Khinchagashvili D.N.
Abstract
This article explores the current tax system for the oil and gas sector. The authors propose changes to the main directions of the state tax policy, taking into account the influence of various factors on the economy in the field of oil and gas. The possibilities of introducing tax incentives for newly developed deposits are being considered. It was revealed that the amendments to the tax legislation regarding the taxation system for new deposits are insufficient to effectively attract the investments of most newly discovered fields.
Keywords
mineral extraction tax, raw materials sector, oil and gas complex, oil, gas, tax burden, investments.
