PRESIDENTIAL DECREE OF THE REPUBLIC OF BELARUS

of May 13, 2022 No. 173

About collection for oil sale

1. Enter collection for oil sale crude (code 2709 00 of the single Commodity nomenclature of foreign economic activity of the Eurasian Economic Union), coming from the Republic of Belarus (further - collection).

2. Determine that:

2.1. payers of collection are the organizations enabling production and oil sale crude (code 2709 00 of the single Commodity nomenclature of the foreign economic activity of the Eurasian Economic Union) coming from the Republic of Belarus (further - crude oil);

2.2. subject to taxation by collection crude oil is recognized;

2.3. base for calculation of collection is the amount of the crude oil in kind realized in month;

2.4. the rate of charge for 1000 kilograms of the realized crude oil is calculated in Belarusian rubles by the following formula:

CoB = (0,663 x (Tsneft - 215,6)) x To,

where CoB - rate of charge for 1000 kilograms of the realized crude oil with rounding to one decimal sign after comma;

Tsneft - average price (without the value added tax) realization of 1000 kilograms of crude oil of the payer of collection in month under report in US dollars with rounding to one decimal sign after comma. If according to terms of the contract about oil sale crude the sales price is established in the currency other than US dollars, calculation Tsneft is perfromed with use of the average official rates of Belarusian ruble established by National Bank for month under report and calculated as average arithmetic size;

To - the average official rate of Belarusian ruble in relation to US dollar established by National Bank for month under report and calculated as average arithmetic size.

Collection is paid if the rate of charge calculated by the formula specified in this subitem is positive size;

2.5. collection is estimated monthly as the amount of works corresponding bases for calculation of collection according to subitem 2.3 of this Item and rate of charge according to subitem 2.4 of this Item and paid by payers of collection to the republican budget in Belarusian rubles;

2.6. the amounts of collection are reflected in financial accounting as a part of expenses on realization and in case of calculation of the income tax join payers of collection in costs on production and sales of goods (works, services), property rights;

2.7. collection is paid monthly no later than the fifth working day of the month following for reporting;

2.8. calculation for collection is represented payers of collection in the Ministry of Finance in any form monthly no later than the tenth working day of the month following for reporting;

2.9. the collection estimated for the periods from December 1, 2021 before the date of entry into force of this Decree is paid no later than the fifth working day of the month following after month of entry into force of this Decree without charge of penalty fee and application of measures of the administrative responsibility.

Calculation for the collection specified in part one of this subitem is represented no later than the tenth working day of the month following after month of entry into force of this Decree.

The amount of the collection specified in part one of this subitem joins in costs on production and sales of goods (works, services), property rights in case of calculation of the income tax and reduces the amount of profit (income) for calculation of the part of profit (income) which is subject to transfer in the republican budget * in the accounting period in which crude oil concerning which collection is estimated is realized.

The collection amount estimated from December 1 to December 31, 2021 is reflected in financial accounting for the retained earnings account (uncovered loss).

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* No. 637 "About procedure for calculation in the budget of part of profit of the state unitary enterprises, the national associations which are the commercial organizations and also the income from the shares (share in authorized funds) of economic societies which are in republican and municipal property and about formation of the state trust budget fund of national development" is estimated and listed according to the Presidential decree of the Republic of Belarus of December 28, 2005.

3. Bring in the Presidential decree of the Republic of Belarus of December 31, 2014 No. 655 "About payment procedure of part of profit (income), introduction of collection for oil export" the following changes:

from the name of the word", introduction of collection for oil export" to exclude;

exclude Items 2 and 3.

4. To Council of Ministers of the Republic of Belarus to take measures for implementation of this Decree.

5. This Decree becomes effective after its official publication and extends the action to the relations which arose since December 1, 2021.

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