RESOLUTION OF THE CABINET OF MINISTERS OF UKRAINE

of August 1, 2012 No. 687

About approval of the Procedure for calculation of adjusting factor which is applied to rates of rent payment in case of change of rates for transit transportation of one ton of oil by trunk oil pipelines and transportation of ton of oil products by the main oil pipelines

According to the paragraph the fifth Item 256-1.3 of article 256-1 of the Tax Code of Ukraine the Cabinet of Ministers of Ukraine decides:

Approve the Procedure for calculation of adjusting factor which is applied to rates of rent payment in case of change of rates for transit transportation of one ton of oil by trunk oil pipelines and transportation of ton of oil products by the main oil pipelines which is applied.

Approved by the Resolution of the Cabinet of Ministers of Ukraine of August 1, 2012, No. 687

Procedure for calculation of adjusting factor which is applied to rates of rent payment in case of change of rates for transit transportation of one ton of oil by trunk oil pipelines and transportation of ton of oil products by the main oil pipelines

1. This Procedure determines the mechanism of calculation of adjusting factor which is used to rates of rent payment in case of change of rates for transit transportation of one ton of oil by trunk oil pipelines and transportation of ton of oil products by the main oil pipelines (further - adjusting factor).

2. To the rates of rent payment established in Item 256-1.3 of article 256-1 of the Tax Code of Ukraine in each tax (reporting) period the adjusting factor is applied to determination of the size of the tax liabilities which is calculated the Ministry of Economic Development for each accounting (tax) period within three days after receipt of data on change of rate from:

NKREKP - regarding rates along the corresponding route for oil transportation by trunk oil pipelines;

Ukrtransneft public joint stock company - regarding rates for transit oil transportation by trunk oil pipelines;

Prikarpatzapadtrans affiliated enterprise of Southwest open joint stock company of pipeline transport of oil products - regarding rates for transit transportation of oil products by the main oil pipelines;

The specified data move the Ministry of Economic Development not later than three days from the moment of change of the corresponding rate.

3. The adjusting factor is calculated for each type of cargo on such formula:

where

Box. - adjusting factor;

Td_yuch. - applicable fare on transit of transportation of one ton of oil by trunk oil pipelines and transportations of one ton of oil products by the main oil pipelines;

Tbaz. - basic fare on transit of transportation of one ton of oil by trunk oil pipelines and transportations of one ton of oil products by the main oil pipelines. The specified rates which affected the installation moment with the Tax code of Ukraine of the corresponding taxation rates are accepted to basic.

4. The size of adjusting factor is calculated in the form of decimal fraction to within four signs. If the size of adjusting factor constitutes less unit, its value for calculation is accepted to unit.

5. The Ministry of Economic Development places monthly to the 10th of the next accounting (tax) period certain size of adjusting factor on own official website in the special Section and gives the relevant information to the Ministry of Finance and GFS.

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info