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Russia: Tax benefits to the producers in the chemical industry

Description

On 19 December 2022, the government of Russia announced it would provide tax breaks for the developers and producers of certain chemical products. In particular, the expenses on research and developme...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

19 Dec 2022

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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