What Is Federal Tax Relief?
The federal tax levies profits tax on businesses of different natures at different rates.
Federal tax
- Profit tax is levied on enterprises of different natures according to different tax rates. The tax rate for general businesses: include
For the list of goods subject to consumption tax and the tax rate, please refer to the attached copy (new list effective January 1, 2000). Revenue from excise taxes is 100% incorporated into the federal budget.
For alcoholic beverages made from food ingredients,
Valuable
The rate of customs duties is determined by the Russian government, and its revenue is fully included in the federal budget.
The base for the reproduction tax of mineral resource bases is the total value of primary commodities obtained and sold from mined useful minerals. The tax rate for specific goods:
- (1) Petroleum, natural gas, condensate: 10%.
(2) Coal: 5%.
(3) Peat: 3%.
(4) Radioactive material: 3%.
(5) Iron ore and chromium ore: 3.7%.
(6) Non-ferrous metal ore and rare metal ore: 8.2%.
(7) Precious metal ore: 7.8%.
(8) Diamond, piezoelectric optical raw materials, high-purity quartz raw materials, gem raw materials: 3.5%.
(9) Apatite, Phosphorite: 3.1%.
(10) Potassium salt: 1.7%.
(11) Other useful minerals, including groundwater: 5%.
The tax revenue is included in the Federal Mineral Resources Base Reproduction Fund.