Resource payments in mining and their role in tax revenues of the region (on the example of the Komi Republic)

The issues of resource rent extraction on the development of mineral deposits have been important throughout the whole history of natural resources exploitation. Today, they are of special importance as the question on the equitable income distribution comes to the forefront of the economic and political development of the society. The author has identified the main world approaches of tax policy which, with all the existing differences between the countries, indicate the main goal of taxation in the mining industries, i.e. the maximal profit recovery on maintaining the interest of entrepreneurs to continue the high-risk mining works. The paper considers tax revenues generated in the mining sector of the regional economy. The tax revenues have been compared with the main macroeconomic indicators of the Komi Republic and the Russian Federation, as well as with the results on the valuation of mineral and raw material potential.