Politics · Russia · 5 hrs ago
Audit Chamber criticizes lower excess-profits tax rate for gold miners
The Audit Chamber has raised concerns about a government bill on taxes for companies that extract natural resources.
The bill would tax what it describes as excess profits.
The chamber was especially critical of a lower tax rate for gold-mining companies.
The proposal covers natural-resource companies, including gold miners.
The chamber's comments flag the tax rate for gold miners as a point of disagreement.
No further steps or changes to the bill are stated.
Russia’s Audit Chamber criticized a government bill on an excess-profits tax for subsoil users.
It singled out the lower tax rate proposed for gold-mining companies.
The source does not specify the proposed rates or the Chamber’s reasons for its criticism.
- Who
- Russia’s Audit Chamber and the government.
- What
- The Audit Chamber criticized a government bill on an excess-profits tax, particularly the lower rate for gold miners.
- When
- The article was published on 12 October 2026.
- Where
- Not stated.
- Why
- Not stated.
This story does not have two clearly opposing sides.
This story does not have a timeline yet.
- Outlet
- RBC
- Publication date
- 12 October 2026
- Tax measure
- Excess-profits tax for subsoil users
- Criticized provision
- Lower rate for gold-mining companies
Sources
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