Introduction of excess profit tax: prospects of new regulation
In this article the authors consider the draft law concerning introduction of the excess profit tax in the oil&gas industry and possible consequences of its adoption. When analyzing this draft law the authors of the article pay special attention to payers of excess profit tax, object of taxation, tax base and other specific features of each element of this tax. Also, the authors of the article study the degree of the impact of the new tax regime on the current tax burden and projects economics.