Practical taxation issues arising in the implementation of the Russian Arctic offshore projects
In this article, the author analyzes practical taxation issues that arise in the implementation of Russian projects on the Arctic continental shelf. The author examines in detail the problems of structuring the activities in order to comply with the Russian legislation, as well as the difficulties of determining the optimal position on tax issues for companies operating on the Arctic shelf. The paper proposes specific measures that will help reducing the costs and risks of companies implementing the Arctic shelf projects.