..., which remains smaller than the actual discount prevalent in the first half of 2023. Revenues from the Additional Income Tax (AIT) are also rising. In the first seven months, AIT collections more than doubled, increasing by 841 billion rubles. Formally,... ... provides the Ministry of Finance with relatively predictable budget revenues while offering oil companies a more flexible taxation system than MET. Notably, the share of AIT in taxable oil production reached 52%, as cited by Alexander Novak in an April article ...

... Market" (a Skolkovo resident), in an interview with RIA News. In the expert's opinion, one of the risks for Russia's budget system next year will be a drop in oil prices. At its latest meeting, the OPEC+ alliance extended the current production quotas ... ... of Finance, in the first 11 months of 2024, 83% of oil and gas revenues (before subsidies to refineries) came from just two taxes: the mineral extraction tax (MET) on oil and the additional income tax (AIT), which accounted for 68% and 15%, respectively,...

... confidence in the dollar as a global reserve currency. The dollar has historically occupied a central place in the global financial system, but as government debt increases, concerns arise that the United States may not be able to cope with its debt obligations,... ... economists and politicians are discussing possible scenarios and measures that could help stabilize the situation. 1. Raise Taxes One possible solution to the problem could be to raise taxes, especially for large corporations and high-income individuals....

... share of taxes derived from production rather than export. Taxes like the mineral extraction tax (MET) and additional income tax (AIT) play a key role. The budget has already received about 70% of expected AIT revenue, mitigating risks from price fluctuations.... ... exceeded expectations by 908 billion rubles over eight months. Moving forward, Russia must focus on building its own oil trading system, pricing, settlements, insurance, and transportation to tackle strategic challenges effectively. Translated using ...

... enhance the attractiveness of Russian stocks. All of these measures, according to experts, should be implemented in tandem: tax breaks and simplification procedures will be combined with an emphasis on privatization and educational initiatives targeting ... ... mitigate potential volatility. Ultimately, the plan to double capitalization creates a positive informational backdrop and suggests systemic changes that will benefit the entire financial system of the country. However, the success of this strategy depends on ...