Global Trade Alert
Global Trade Alert

Russia: Tax relief for producers of equipment for manufacturing basic electronic components

Announcement

27 Dec 2024

In December 2024, the government of the Russian Federation announced the reduction of corporate income tax from 20% to 8% for domestic producers of equipment for manufacturing basic electronic components for three years.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Jan 2025

Revocation date:

31 Dec 2027

Announced: 27 Dec 2024
Tax or social insurance relief In force
On 27 December 2024, the government of the Russian Federation published Decree No. 1848 reducing the corporate income tax rate from 20% to 8% for domestic producers of equipment for manufacturing cert...
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