From 01.01.2023, the rates of mineral extraction tax for subsoil users for solid minerals have been increased:
- by 50 percent for stock metals (gold, silver, copper, zinc, aluminum, uranium);
- by 30 percent for other over-the-counter metals.In addition, it provides for the application of a 0 percent tax rate on the extraction of minerals within sixty months from the date of commencement of commercial production, while simultaneously complying with the conditions provided for in paragraph 3 of Article 746 of the Tax Code.
The right to apply the mineral extraction tax rates established by the Tax Code as of December 31, 2022 has also been granted, subject to the criteria determined by the Government