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Global Trade Alert

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Russia: Tax relief for producers of equipment for manufacturing basic electronic components

Description

On 27 December 2024, the government of the Russian Federation published Decree No. 1848 reducing the corporate income tax rate from 20% to 8% for domestic producers of equipment for manufacturing cert...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Jan 2025

Revocation date

31 Dec 2027

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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