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Russian Federation: Tax preferences for software developers and microchip manufacturers

Description

On 31 July 2020, Russia adopted amendments to the tax law providing tax preferences to IT companies, starting in 2021. According to the new regulation, the federal corporate tax has been reduced from ...

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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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Threads

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