Global Trade Alert
Global Trade Alert

Russian Federation: Tax Base Deduction for Companies Working with Coronavirus-related Medical Items

Announcement

21 May 2020

On 21 May 2020, the Government of Russia published a list of medical items the production, supply and installation of which are treated as expenses qualifying for the corporate profit tax base reduction.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Jan 2020

Revocation date:

No revocation date

Updated: 21 May 2020
Tax or social insurance relief In force

On 21 May 2020, in order to incentivize the production of medical items of critical need in the fight against the Coronavirus outbreak, the Government of Russia decided to give their producers, sup...

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