The government submitted to the State Duma a bill on increasing the severance tax for metallurgists and fertilizer producers

The government submitted to the State Duma a bill on increasing the severance tax for metallurgists and fertilizer producers

The government submitted to the State Duma a bill on increasing the severance tax for metallurgists and fertilizer producers

The government has submitted to the State Duma a bill that provides for the introduction of a rental coefficient (Krent) of 3.5 to the MET for metallurgists and fertilizer producers. The document (N1023276-7) is published in the electronic database of the parliament.

As follows from the text of the draft law, the Tax Code (TC) contains a rental coefficient (K-rent) of 3.5 to MET for most types of solid minerals, including potassium salts (the current rate is 3.8%), apatite -nepheline, apatite and phosphorite ores (4%), ores of ferrous and rare metals (now – 4.8%), nepheline, bauxite, natural salt and pure sodium chloride (5.5%), conditioned ores of non-ferrous metals (8% ), as well as multicomponent complex ore containing copper, nickel and platinum and mined on the territory of the Krasnoyarsk Territory (the current rate is 730 rubles / ton). It is proposed to increase the severance tax from January 1, 2021, which will give the Russian budget about 56 billion rubles a year.

According to the draft decision of the Council of the Duma, published on the parliament's website, the bill is planned to be considered in the first reading at a plenary session on September 22.

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