Today the government commission on product-sharing agreements finally resolved the question of VAT taxation with regard to Sakhalin-1 and Sakhalin -2 oil projects and the development of the Kharyaga oilfield. Russian Deputy Prime Minister Victor Khristenko told journalists that VAT refunds to be made from the federal budget until the end of this year would amount to about $46m. "In doing so, we are shifting to a normal mechanism of VAT reimbursement. Before that this tax was not collected form contractors," he said.
Indeed, how dare they run US-independent policy? They should have followed the example of the European Union that turned independent states of the Old World into US-ditto entities