Выступление Постоянного представителя Российской Федерации А.К.Лукашевича - О ситуации на Украине и необходимости выполнения Минских договоренностей
In accordance with the provisions of this Act, advance petroleum revenue tax shall be paid to a participator in an oil field— and the Schedule to this Act shall have effect for determining whether any chargeable period is for the purposes of this Act a participator’s net profit period in relation to a particular oil field.
in respect of whom none of the chargeable periods ending before 1st July 1986 is his net profit period for the purposes of this Act; and
who was a participator in that field on 6th November 1986 and who, on that date, was entitled to a share of the oil won from that field during the chargeable period ending on 31st December 1986;
In this section “relevant participator” means any such participator as is referred to in subsection (1) above; and other expressions used in this Act have the same meaning as in Chapter II of Part VI of the Finance Act 1982 (advance petroleum revenue tax).
There shall be determined in the case of every relevant participator the amount by which his APRT credit for the chargeable period ending on 31st December 1986 exceeds his provisional liability for petroleum revenue tax for that period in respect of the field in question and, subject to subsection (5) below, on a claim made in that behalf, there shall be repaid to the participator so much of that excess as does not exceed £15 million.
The reference in subsection (3) above to a participator’s provisional liability for petroleum revenue tax for a chargeable period is a reference to the amount of tax shown to be payable by him for that period in the statement delivered under section 1(1)(a) of the Petroleum Revenue Tax Act 1980.
A claim under subsection (3) above shall be made in such form as the Board may prescribe (whether before or after the passing of this Act) and shall be made not later than 28th February 1987 and, for the purposes of this Act, the Board may have regard to claims made before as well as after the passing of this Act.
Paragraph 10(4) of Schedule 19 to the Finance Act 1982 (interest on certain repayments of APRT) shall not apply to any amount of APRT which is repayable only by virtue of this Act.
A repayment of APRT made to a relevant participator pursuant to this Act,—
shall be presumed to be a repayment of APRT which was paid later in priority to APRT which was paid earlier; and
shall be disregarded in computing his income for the purposes of income tax or corporation tax.
This Act may be cited as the Advance Petroleum Revenue Tax Act 1986.
This Act shall be construed as one with Part I of the Oil Taxation Act 1975.
Section 1(1)
In this Schedule—
“the principal Act” means the Oil Taxation Act 1975;
“statement”, in relation to an oil field and a chargeable period, means the statement delivered by a participator in that oil field in respect of that period under section 1(1)(a) of the Petroleum Revenue Tax Act 1980;
“the material date”, in relation to a participator in an oil field, means the date on which he delivers his statement in respect of that field for the chargeable period ending on 31st December 1986; and
“section 111” means section 111 of the Finance Act 1981 (restriction of expenditure supplement).
Subject to the following provisions of this Schedule, if a chargeable period is a participator’s net profit period for the purposes of section 111, that period is also his net profit period for the purposes of this Act.
If, before the material date, no notice of assessment or determination under paragraph 10 of Schedule 2 to the principal Act has been given to a participator with respect to any of the chargeable periods ending before 1st July 1986, the question whether one of those periods is his net profit period for the purposes of this Act shall be determined, subject to sub-paragraphs (2) and (3) below, on the assumption that, before making any modifications under subsections (3) to (5) of section 111, the amount of the assessable profit or allowable loss which accrued to the participator in each of the chargeable periods ending before 1st July 1986 was as set out in the statement delivered in respect of that period. If the expenditure treated as allowed in determining the assessable profit or allowable loss set out in the statement delivered in respect of any of the chargeable periods referred to in sub-paragraph (1) above is less than could have been treated as so allowed by virtue of paragraph 2(4) of the Schedule to the Petroleum Revenue Tax Act 1980, the assessable profit or allowable loss set out in that statement shall be taken for the purposes of sub-paragraph (1) above to be what it would have been if account had been taken of all the expenditure which could have been treated as so allowed. In any case where— the assessable profit or allowable loss of that subsequent period as set out in the statement delivered in respect of that period shall be taken for the purposes of sub-paragraph (1) above to be adjusted so as to prevent any amount of expenditure being taken into account more than once.
If, in a case where paragraph 3(1) above does not apply in relation to a participator,— the question whether one of the periods referred to in paragraph (a) above is the participator’s net profit period for the purposes of this Act shall be determined on the assumptions in sub-paragraph (2) below. The assumptions referred to in sub-paragraph (1) above are—
Any reference in paragraph 3 or paragraph 4 above to a question whether a chargeable period is a participator’s net profit period being determined on particular assumptions is a reference to that question being determined (on the basis of those assumptions) in accordance with sections 111 and 112 of the Finance Act 1981.