Reduction of tax load at the stage of exploration and search for natural minerals on the basis of “Zakamensk-les” gold-mining enterprise

The article discusses the ways to minimize taxation during geological exploration, when the economic feasibility of minings is not defined. Today the share of payments to the state budget is brought by the extractive organizations. In addition to taxes that are compulsory for most taxpayers, mining companies have a number of industry specific payments such as mineral extraction tax as well as royalties for the use of subsurface resources. The local gold mining enterprise “Zakamensk-Les” was chosen as the basis for the analysis.