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Russian Federation: Exemption from the Federal Corporate Income Tax for Investors with "Special Investment Contracts"

Description

On 2 August 2019, the Russian President signed a law exempting firms with Special Investment Contracts from the federal corporate income tax. Special Investment Contracts (SPIC) are contracts that gua...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

02 Aug 2019

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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