IDEAS home Printed from https://ideas.repec.org/a/gai/recdev/557.html
   My bibliography  Save this article

Tax Maneuver In Russia’S Oil Sector

Author

Listed:
  • Yuriy Bobylev

    (Gaidar Institute for Economic Policy)

Abstract

In 2015, the oil sector was subject to the so called “tax maneuver”, a system of measures aimed at signifi cantreduction of economic component of the export duties and increasing the base rate of the mineral extraction tax. Tax maneuver will result in a more effi cient structure of the tax system, reduction of subsidizing scale of crude oil refi ning sector and other EEU member states, provision of more incentives for energy effi cient growth. Data released for H1 2015, demonstrate signifi cant changes in a number of trends taking place in the oil sector under the eff ect 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 effi cient for the state budget in comparison with fuel oil exports.

Suggested Citation

  • Yuriy Bobylev, 2015. "Tax Maneuver In Russia’S Oil Sector," Russian Economic Development, Gaidar Institute for Economic Policy, issue 8, pages 47-50, August.
    • Handle: RePEc:gai:recdev:557
    as

    Download full text from publisher

    File URL: http://www.iep.ru/files/RePEc/gai/recdev/557Bobylev.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Russian Economy;

    JEL classification:

    • P24 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - National Income, Product, and Expenditure; Money; Inflation
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gai:recdev:557. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Olga Beloborodova (email available below). General contact details of provider: https://edirc.repec.org/data/gaidaru.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.