Global Trade Alert
Global Trade Alert

Russian Federation: Tax Preferences for Electronics Producers and Designers

Announcement

31 Dec 2020

On 31 December 2020, the Russian government announced electronics manufacturers and engineers (designers) will be paying a reduced rate of income and social security tax. 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

01 Jan 2021

Revocation date:

No revocation date

Tax or social insurance relief In force

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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