Russia Introduces Tax Incentives To Increase Arctic Geological Exploration & Extraction
Energy, Infrastructure, Investment, Russian MarketRussia’s Ministry of Natural Resources plans to propose introducing a 1.5 multiplier for calculating profit tax for geological exploration in onshore Arctic and Far East territories, according to Alexander Kozlov, the natural resources minister. He was speaking at a State Duma session dedicated to the socioeconomic and infrastructure development of the Arctic. The use of […]
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