How to Calculate a Mineral Extraction Tax

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Tax element Characteristics Basis Taxpayers Organizations and individual entrepreneurs recognized by subsoil users.

Registration as taxpayers is carried out:

At the location of the subsoil plot provided to the taxpayer for use. (the territory of the subject (s) of the Russian Federation on which the site is located) At the location of the organization (place of residence of the individual) in the event that mineral extraction is carried out on the continental shelf of the Russian Federation, in the exclusive economic zone of the Russian Federation, outside the Russian Federation in territories under jurisdiction of the Russian Federation or leased. 334, 335 of the Tax Code of the Russian Federation Object of taxation Minerals extracted from wastes (losses) of extractive production, if such extraction is subject to separate licensing-Minerals extracted from subsoil outside the Russian Federation in territories under the jurisdiction of the Russian Federation (as well as leased). recognized as an object of taxation. 336, 337 of the Tax Code of the Russian Federation Tax base

It is determined by the taxpayer independently as the cost of extracted minerals, with the exception of dehydrated, desalted and stabilized oil, associated gas and natural gas from all types of hydrocarbon deposits.

The tax base for the extraction of dehydrated, desalted and stabilized oil, associated gas and natural gas from all types of hydrocarbon deposits is defined as the amount of natural resources extracted.

The tax base is determined separately for each extracted mineral.

For minerals for which different tax rates are established or the rate is calculated taking into account the coefficient, the tax base is determined in relation to each tax rate.

Art. 338-340 of the Tax Code of the Russian Federation Tax period Calendar month. 341 of the Tax Code of the Russian Federation 342 of the Tax Code of the Russian Federation Tax calculation The tax amount is calculated as the percentage of the tax base corresponding to the tax rate.

Amount of tax on …

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