Open AccessLosses of Extracted Crude Hydrocarbons for the Purposes of Application of the Zero Mineral Resources Extraction Tax Rate: A Legal Aspect
Author(s) -
Ekaterina V. Korneva
Publication year - 2020
Publication title -
finansovoe pravo
Language(s) - English
Resource type - Journals
ISSN - 1813-1220
DOI - 10.18572/1813-1220-2020-12-42-46
Subject(s) - terminology , normative , zero (linguistics) , russian federation , tax rate , extraction (chemistry) , code (set theory) , process (computing) , natural resource economics , economics , computer science , chemistry , political science , law , macroeconomics , economic policy , linguistics , philosophy , chromatography , set (abstract data type) , programming language , operating system
In the article the author analyses the terminology of Chapter 26 of the Tax Code of Russian Federation that affect on application of the zero rate of tax in terms of normative losses of hydrocarbons. Based on the analysis current regulation and the concepts of “loss minerals”, “ normative losses”, “real losses”, “process losses”, the author proposes to make certain changes in Tax Code of Russian Federation to more clearly and intelligibly define terminology, and improve the efficiency of using the zero tax rate for taxpayers.