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GISMETEO.RU
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Shell and Nadra Yuzovska to get extensive tax breaks under PSA
Journal Staff Report

KIEV, Jan. 29 - Shell and Nadra Yuzovska LLC have been released from environmental taxes, fees for special water use, land payments, customs fees, rental fees for gas production, markups on the current gas tariff and fees for obligatory pension insurance for the development of Yuzovske deposit (Kharkiv and Donetsk regions).

Under the agreement, made public by Ivan Varchenko, Batkivschyna Party deputy of Kharkiv regional council, investors also will not pay fees charged for the sale of foreign currency, for mobile communications services, the purchase of real estate and cars.

Thus, Shell and Nadra Yuzovska, when developing Yuzovske deposit, will pay only income tax, VAT and fees for subsoil use.




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