Add to favorite
 
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

Tax Privilege for the IT Exporters
28.08.2018 17:36
Tax Privilege for the IT Exporters
(Source: http://club.cnews.ru/blogs/entry)

The “Skolkovo” Foundation proposes to introduce a tax privilege for the exporters in the field of IT: in particular, it is proposed to introduce a tax deduction for “input VAT” - the tax paid upon equipment of the workplaces of programmers who write exported software.

      The Foundation which is the competence centre for the statutory regulation of the digital economy has prepared the corresponding amendments to the Tax Code. In case of their approval, companies that develop software for foreign customers and businesses selling programs directly to foreigners will be able to receive benefits.

      Read More Articles on Doing Business in Russia

      
The adoption of the bill, according to experts, will reduce revenues to the budget by 22 billion roubles for the period from 2019 to 2025, but it will also lead to an increase in the taxable base due to the fact that the business will have opportunities to increase the number of staff, expand activities, etc.

      Consult our attorneys on Russian tax regulations.




Author: Anna Dorozhkina

Tags: Russian business Russian taxes Russian laws   

Next Previous


You might also find interesting:

The Ministry of Economic Development is Changing Corporate Law
05.10.2018
The Share of SMEs in the Russian Economy Makes 21.9%
07.02.2019
The Board of Directors of Aeroflot PJSC Elected Vitaly Savelyev as its General Director
08.09.2018
Registration Procedure for Foreign Workers in Russia has been Changed
04.08.2018
Burger King Russia Got New Shareholder
22.03.2018







Comment on our site


RSS   twitter   facebook   submit

Bookmark and Share

-8

search on the map
TAGS:
Siberia  Voronezh   drug abuse  protest actions  Russian law  Ust-Abakan  Natalya Vodianova  anniversary  Alexey Navalny  elections in Russia  Moscow  Chelyabinsk Region  Staroe Shaigovo  Space Exploration  Adyghe  Fires  Archeology  Komsomolsky  Russian business  travel to Samara  Moscow parks  Maria Sharapova  Russian tourism  Veliky Novgorod  Exhibitions in Moscow  Moscow International House of Music  universities  St. Petersburg  Mercedes-Benz Fashion Week Russia  Opposition  Russian fashion  Zenit  Ski resorts  Russian history  We demand peace  Russian festivals  Russian Cinema  Traffic collapse  Russian Literature  Tropical Storm Etau  Novoaltaisk  Alexandrov Ensemble  Natalya Tenyakova  Anthems  Russian directors  Festivals in Moscow  Silver Patination  Mikhail I Fyodorovich Romanov  Alexander Rodchenko  Vegetables 


Travel Blogs
Top Traveling Sites