The Federation Council approved the withdrawal of 19 billion rubles through the mineral extraction tax from ALROSA

The Federation Council approved the withdrawal of 19 billion rubles through the mineral extraction tax from ALROSA

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Federation Council approved law on the introduction of additional exemptions through the severance tax from ALROSA in the amount of 19 billion rubles. in 2023. Amendments are made to Art. 343 of the Tax Code.

In the Ministry of Finance earlier reportedthat the total increase in the severance tax for ALROSA next year will amount to 19 billion rubles. These funds will be distributed between the budgets of Russia and Yakutia.

The law also corrects the procedure for assessing the value of mined diamonds of special sizes (more than 10.8 carats) when determining the tax base. It was developed in order to provide state support to the country’s tin mining industry.

In July, the Tax Code also included a clause on the so-called slap on Gazprom’s severance tax for the period from September 1 to November 30 in the amount of 416 billion rubles. monthly.

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