Development of Approaches to Improving Taxation of Solid Minerals Extraction

Abstract

Tax on mineral extraction is the main method of collection of the resource rent in Russia. However, the tax level on solid minerals is very low, so it does not correspond to their share in the production as well as the export of raw materials. In connection with that, an investigation of new approaches to the taxation of solid minerals based on the best world practices becomes the burning issue. This paper presents the detailed study of the experience in mining taxation in the set of countries with a large resource sector (Australia, Canada, USA, Germany, Chile and Kazakhstan). On the basis of this study we formulate approaches to improving Russian tax on mineral extraction on solid minerals, suggesting to determine the amounts of the tax based on the market value of the extracted minerals. Корытин А.В., научный сотрудник лаборатории исследований налоговой политики, ИПЭИ Российской академии народного хозяйства и государственной службы при Президенте РФ. Кострыкина Н.С., научный сотрудник лаборатории исследований налоговой политики, ИПЭИ Российской академии народного хозяйства и государственной службы при Президенте РФ. Мелкова Е.В., научный сотрудник лаборатории исследований налоговой политики, ИПЭИ Российской академии народного хозяйства и государственной службы при Президенте РФ.

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