NDD ispolzovaniye small and average oil companies will promote them to development

Small and average independent oil companies can receive incentive for developments if use more actively tax on the additional income (NDD), the director of the department of production and transportations of oil and gas of the Ministry of Energy Alexander Alekseevich Gladkov declared. President of the Russian Federation Vladimir Putin in the middle of October signed the law on adjustment of the NDD parameters from oil production and privileges on tax on mining (NDPI). At calculation of NDD historical losses in 2021-2023 in a size which is not exceeding 50% of financial result of the current tax period will be considered, reminds the Prime...