We protected the client’s interests before the Supreme Court in another dispute concerning mineral extraction tax on the extraction of gold concentrates

A team from Pepeliaev Group’s tax practice successfully protected the interests of Kosvinsky Kamen CJSC before the Russian Supreme Court in a further dispute concerning the taxation of the extraction of concentrates and other intermediate materials containing gold, platinum and other precious metals.

On 1 March, the Russian Supreme Court's Panel of Judges for Economic Disputes considered case No.А60-43970/2022and resolved in favour of the taxpayer, having reversed the judgments of state commercial (‘arbitration’) courts.

The essence of this case is in general similar to case No. А60-42662//2022 which the Panel considered in December 2023. It also concerned an unjustified severalfold increase in the mineral extraction tax burden for gold-platinum concentrate mining, which in many cases makes mining unprofitable (for more details please read here).

Both cases were handled by experts from Pepeliaev Group’s tax practice starting from the first cassation stage (when it was considered by the circuit court).