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Russia submits proposed mining tax changes to the parliament

MOSCOW, Sept 30 (Reuters) - The Russian government has submitted proposed changes to mineral extraction taxes (MET) for Russian metals firms from 2022 to the lower house of parliament, according to the draft proposals published on Thursday. The state budget is expected to get a boost of up to 546 billion roubles ($7.5 billion) in the three years fr
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Russia sets new MET tax for metals firms, drops idea of new profit tax

MOSCOW, Sept 23 (Reuters) - Russia has agreed on a new formula of mineral extraction tax (MET) with Russian producers of steel, iron ore, coking coal, fertilisers and mixed ores, such as mined by Nornickel GMKN.MM , but dropped idea of a new profit tax, officials said. Russia has dropped the idea of setting a formula-based profit tax linked to prev
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Russia drops idea of tax on dividend distribution until at least 2023 -Ifax

MOSCOW, Sept 23 (Reuters) - Russia has dropped an idea of setting a formula-based profit tax linked to previous dividends and investments for now, Interfax news agency reported on Thursday, citing Alexander Shokhin, head of the Russian Union of Industrialists and Entrepreneurs. The concept will be revised and will not be introduced at least until 2
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Russia may get $7.5 bln boost from tax on metals firms in 2022-24 -Ifax

MOSCOW, Sept 21 (Reuters) - Russian metals, coking coal, fertiliser producers will provide some 546 billion roubles ($7.5 billion) in additional proceeds to the 2022-2024 state budget, the Interfax news agency reported, citing draft amendments to tax regulations. Moscow is considering changing a mineral extraction tax for producers of ferrous and n
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Russia 2022-24 budget set for $7.5 bln boost from metals, fertiliser firms -Ifax

MOSCOW, Sept 21 (Reuters) - Russian metals, coal, fertiliser producers will provide some 546 billion roubles ($7.5 billion) in proceeds to the 2022-2024 state budget, the Interfax news agency reported, citing draft amendments to tax regulations. Moscow is considering imposing a mineral extraction tax (MET) linked to global prices on producers of fe
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