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SSRN Electronic Journal
Article . 2015 . Peer-reviewed
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Tax Maneuver in Russia's Oil Sector

Authors: Yuriy Bobylev;

Tax Maneuver in Russia's Oil Sector

Abstract

In 2015, the oil sector was subject to the so called “tax maneuver”, a system of measures aimed at significant reduction of economic component of the export duties and increasing the base rate of the mineral extraction tax. Tax maneuver will result in a more efficient structure of the tax system, reduction of subsidizing scale of crude oil refining sector and other EEU member states, provision of more incentives for energy efficient growth. Data released for H1 2015, demonstrates significant changes in a number of trends taking place in the oil sector under the effect of the maneuver including reduction of fuel oil production which took place for the first time over the last years and increase of the crude oil exports which is more efficient for the state budget in comparison with fuel oil exports.

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Keywords

Russian Economy, jel: jel:E52, jel: jel:P24

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
Average
Average
bronze