Encyclopedia

Coefficient characterizing the dynamics of world oil prices


The coefficient characterizing the dynamics of world oil prices — the coefficient characterizing the dynamics of world oil prices (KZ)1.

The coefficient characterizing the dynamics of world oil prices — is determined monthly by the taxpayer independently by multiplying the average level of oil prices for the tax period for "Urals" grade oil, expressed in US dollars per barrel (C), reduced by 15, by the average value for the tax period of the exchange rate of the US dollar to the ruble of the Russian Federation established by the Central Bank of the Russian Federation (R), and dividing by 2612.

  1. Tax Code of the Russian Federation, as amended on 2022-01-01, Article 342, subpara. 9 // RSZ RF. 2000. No. 32. Art. 3340. ↩

  2. Tax Code of the Russian Federation, as amended on 2026-01-01, Article 342, para. 3 // RSZ RF. 2000. No. 32. Art. 3340. ↩

Laws with commentary

Codes and federal laws