Tax Incentive Mechanisms for Financial Policies in the Field of Investment in the oil and Gas Sector Based on International Experience
This study is devoted to studying the influence of state tax policy on the activities of corporations in the oil and gas sector of the Russian economy. The fiscal systems operating in the world aimed at taxing oil and gas are reviewed. The Russian tax system is compared with international peers in terms of the level of fiscal burden and the availability of existing mechanisms for tax incentives for investment activities. Recommendations on the implementation of a systemic reform of taxation of the oil and gas sector are formulated.