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Sakhalin wants to increase the regional share of taxes from oil and gas projects

Sakhalin wants to increase the regional share of taxes from oil and gas projects
Photo: dumasakhalin.ru

Deputies of the Sakhalin Regional Duma propose to restore the standard for the transfer of taxes from oil and gas projects to the regional budget. In their opinion, 75% of all deductions should remain in the region.

As EastRussia was told in the regional duma, the budget and taxes committee considered the draft law on the federal budget for 2022 and the planned 2023-2024. Igor Osipenko, Deputy Chairman of the Committee on Budget and Taxes, noted that in general the deputies support the document. However, it is proposed to amend the standards for deductions from corporate income tax. In particular, we are talking about the Sakhalin-2 project.

In 2017, contributions to the regional budget were reduced from 75% to 25%. Because of this, the region lost 187,2 billion rubles from 2018 to 2021. To compensate for the losses of the regional budget, 25% of the federal budget is allocated from the federal treasury. But the region received 2018% from income tax in 22,7, 14,5% in 2019, 4% in 2020 and 0% in 2021.

Since budget revenues are highly dependent on the oil and gas industry, the deputies proposed to revise the standard of deductions and suspend the resolution adopted in 2017. The deputies supported this initiative unanimously.

 

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