Carcetti Capital Corp V.CART.H

RE:RE:RE:RE:Ukraine moves closer to cutting gas production tax

[JustforFun7]

""However, we have just got a serious problem which is that the Parliament voted the bill to lower royalties for gas. Not the one submitted by the Government of Ukraine, but the draft pressing issues of gas tycoons", accentuated Arseniy Yatsenyuk. 

He emphasized that under the supported draft law the Parliament offers to reduce the rents for enterprises maintaining the so-called joint activities from 70% to just over 20%: "This “joint activity” is controlled by gas oligarchs of Ukraine exceptionally, serves the shadow energy sector and obtains shadow income"."

The Tym. bill passed because it protects the oilgarch money supply where as the governement's bill does not.  The government bill only got 166 votes (need 226).  Tym 's bill barely passed with 228. 

Looks like  the tax rate cut will go forward but they will fight over how theprofits will be split.  US interests are betting so (Burmisa production increasing ...Riverstone  getting into the trading  market).  as long as they  get to it quickly. I guess the IMF will ensure that (no tranche iunless things move forward).

JFF7