FBK partner Galina Akchurina made a report during "Taxes and Fuel-and-Energy Sector" workshop.

10th All-Russian Workshop ‘Taxes and Fuel-and-Energy Sector’ workshop was organized by PravoTEK group in Moscow on November 13-15, 2013. Head of FBK Legal’s Tax Resolution practice, Galina Akchurina, attended this event of our partner as a moderator of session held for transfer pricing and as a speaker, making report about issues of mining operation tax, profit tax and value-added tax. Certain case recently finally resolved by the RF Supreme Court of Arbitration was taken as an example by the tax lawyer. Determination of mining operation tax basis when applying direct and indirect accounting of mineral resources was the subject of dispute in this case.? ‘SCA reminded us about the equality of all taxpayers before the tax law. Thus taxpayers applying indirect approach shall not have worse conditions in comparison with those applying direct treatment. As a consequence none of them shall account for mineral resources remained unproduced when determining tax base for mining operation tax,’ – Akchurina explained. FBK partner also described procedure for recognizing costs incurred for resources development and distinguishing between the works performed by mining companies for repair and for reconstruction.

Representatives of different legislative and executive authorities, employees of large companies and experts were among speakers at this workshop.