UST-LUGA (Leningrad Region) - The Russian government is planning a number of tax exemptions for oil producers, including a reduction in mineral extraction tax, Prime Minister Vladimir Putin said on Wednesday.
"Initially, we must reduce mineral tax," the premier told a conference in the port of Ust-Luga in northwest Russia, where an oil terminal is to be built, adding that the tax breaks would help boost oil production and export.
Now, our Congress wants to add tax to our companies.
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