“Metaudit” JSC, Moscow, Russia:

Yukhimov Ya. I., Deputy Chief Executive Officer, Candidate of Engineering Sciences, e-mail: yakov1940@mail.ru

Russian State University of Trade and Economics, Moscow, Russia:

Ivanova Ya. Ya., Associate Professor, Candidate of Economic Sciences

This article considers the central disadvantages of the current edition of chapter 26 of the Tax Code of Russian Federation, along with the connected problems of the collection of a natural rent, such as:

- using the estimated value of minerals as the tax base of Mineral Extraction Tax (MET) at the extraction of solid mineral raw materials;

- the absence of communication between the charge of MET and the dynamics of market prices on solid minerals, etc.

There is estimated the innovations feasibility for implementation of the specific tax rates for the extracted coal, using the deflator coefficients during the development of coal deposits. There is considered the possibility of introduction of the similar taxation system for the ores extraction, along with the possibility of increasing of MET rate for mining enterprises of metallurgical complex.

There were offered the basic changings of the legislation, which provide the simplicity and transparency of MET calculation during the extraction of any kinds of solid minerals, along with the interrelation of MET with real financial results of activity of mining enterprises and the prices dynamics for mineral raw materials on the global market. The following financial results were considered:

- changing of a calculation method of the tax base;

- the tax rates;

- exclusion of the amount of tax payments, which were earlier included in costs, from the tax base, for the purpose of avoidance of double taxation;

- introduction of accurate definitions of all applied terms (extracted mineral resource, etc.), which do not allow double interpretation;

- introduction of raising or lowering coefficients to the tax rate, according to the departure of actual profitability of metals production from the established standard.

Some other discounts were also taken into account.