Feb. 20, 2018

Kemerovo Region - the foremost region in terms of budget surplus in 2017

News: Kiyzassky coal open pit mine Kemerovo Region - the foremost region in terms of budget surplus in 2017
1.067 billion rubles income tax of total 50.2 billion rubles was provided by Kiyzassky coal open pit mine

The Kemerovo region budget surplus amounted to 22.6 billion rubles last year according to the data published by the Russian Ministry of Finance.

The Kemerovo region squeezed Moscow from the first place in terms of the budget surplus. And what's even more remarkable in 2017, for the first time in several years, the region worked "in plus": in 2016, the budget deficit was 3.9 billion rubles, in 2015 - 5.6 billion rubles.

The income tax received in 2017 amounted to 50.2 billion rubles against 25.5 billion rubles a year earlier.

The coal miners made a special contribution to the income growth. Last year was marked by a coal production and coal prices growth. As a result, if in 2016 Kuzbass mining enterprises paid 8.4 billion rubles and in 2017 26.9 billion rubles to the regional budget as an income tax.

There are about 100 mines and sections in Kemerovo region, most of them are united in holdings. Following the results of 2017, the largest regional taxpayer among coal enterprises was Kiyzassky coal open pit mine, as well as in previous years.

Last year, the cut paid 2.854 billion rubles of taxes, of which 1.41 billion rubles was paid to the regional budget. The income tax amounted to 1.256 billion rubles, 1.067 billion rubles of them went to the regional budget. This is 2% of the total amount of income tax received by the region in 2017, or 4% of the profit tax paid by the mining enterprises.

In 2016, the Kiyzassky coal open pit mine out 1.461 billion rubles of taxes (of which 0.793 billion rubles was paid to the regional budget), income tax amounted to 0.643 billion rubles (0.578 billion went to the regional budget).

Thus in 2017 Kiyzassky coal open pit mine increased tax revenues almost twice, significantly increasing production - from 7.59 million tons in 2016 to 10 million tons in 2017.