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Russian Federation: Tax Preferences for Electronics Producers and Designers

Description

On 31 December 2020, the Russian government announced electronics engineers (designers) will be paying taxes under reduced rates. The corporate income tax will be reduced for them from the current 20%...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Jan 2021

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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