Approaches to differentiation of rate fee for use of mineral resources

Abstract

Peculiarities of taxation of oil and gas industry enterprises of the countries with developed market economy, in particular Canada, are considered in the article. The techniques of differentiation of tax rates for subsoil use on the basis of production approach are shown. It has been analysed the offers of foreign scholars as for the composition of the factors on the basis of which the differentiation is performed . For each of these factors the coefficient has been set. Within the review of the taxation of domestic oil and gas companies it has been determined the absence of an objective and comprehensive approach to the formation of a fiscal tool. On the basis of a critical analysis of the current mechanism of taxation of enterprises it has been proved the necessity of differentiating of tax rates charges for subsoil use, depending on the factors. Based on the analysis of the mechanisms of taxation of mining companies in foreign countries, it has been proposed the system of measures that can move the emphasis of taxation in the oil sector from fiscal function to regulatory and incentive ones: to make a differentiation of fee rates for the use of mineral resources taking into consideration the differences of hydrocarbon production due to geological characteristics of the deposits; to develop a classifier conditions for achieving of which will be provided with the benefits in the form of a zero rate of payments for subsoil use (the use of new technologies to extend the exploitation, production in marginal wells). The areas for the development of the own methods of differentiation rates of fees for use of mineral resources, by taking into account the following factors: oil water content, stages of development and hydro-conductivity of the layer are established.