DOI: 10.7256/2454-065X.2016.3.18388

Abstract: The subject of the research is some features of taxation of oil industry. The authors also prove the need for imposing tax on financial result for taxpayers and state budget in general. In recent years there have been many debates on oil industry taxes because these are the revenues that fall under income producing revenues. There are constant attempts to reform the process of taxation in the oild sector. In this regard, the authors suggest to introduce a draft law about imposing tax on financial result. The authors prove that this tax will allow to replenish the state budget by imposing tax on excess profits from extracting highly profitable oil resources and to guarantee profitability of extracting from the fields that are at the late stages of their development as well as of extracting resources difficult to recover and resources from the fields without infrastructure facilities. Through scientific, inductive, deductive and analytical methods of research the authors have investigated the role and place of the influence of tax on financial performance of oil companies in particular and the economic system of the Russian Federation in general. The authors consider the impact of the aforesaid tax on the profitability of investment projects, oil input and level of tax burden on oil companies. The question whether it will be useful to include the corporate profits tax into the structure of tax on financial result is of particular scientific interest. According to the authors, their recommendations to transform excess profits tax into tax on financial result, to include corporate profits tax into the structure of tax on financial result and to provide a free choice of the tax system will guarantee the economic stability of the country in the sphere of taxation of natural resources and allow to overcome the growing difficulties of tax legislation. These questions become especially important under the conditions of our country's economy being dependent on raw materials and stiff balance of the oil market.  

DOI: 10.7256/2454-065X.2015.8.16014

Abstract: The subject of the research is the role and importance of the concept of "tax residency of legal entities' in the procedure of deoffshorization of the Russian economy. The relevance of this study is confirmed by one of the main problems of the Russian economies: the Russian business offshore. Many us, the Russian residents, directly or indirectly, is closely affiliated with offshore companies.Special attention is paid to the problem of delimitation of the concepts of "beneficial owner" and "actual recipient of income". The definition of the latter concept creates the basis for its use in anti-monopoly and anti-corruption laws.The authors also devote their attention to the issue of tax evasion through the use of low-tax (offshore) jurisdictions and the plan for combating erosion of the tax base and the profit tax.When writing the article the authors have used such methods as the research method, deductive method, inductive method and comparative method. The main conclusions of the research are the following: tax residence is one of the mechanisms for the implementation of the plan for the deoffshorization of the Russian economy; the concepts of "actual recipient of income" and "beneficial owner" are completely different and used for different purposes, the first concept being the subject of discussion even at the level of the OECD; the Convention on mutual administrative assistance in tax cases that is being prepared for ratification provides for the exchange of tax information, assistance in collection of taxes in the territories of the countries participating in the Convention and conducting simultaneous inspections with participating countries.

DOI: 10.7256/2454-065X.2014.5.12021

Abstract:

DOI: 10.7256/2454-065X.2013.11.10054

Abstract: