this Document was developed in order to implement the support measures announced by Russian President Vladimir Putin on 23 June 2020.
the IT industry is proposed to establish the rate of tax on profits to be paid to the Federal budget, at 3%. However, the rate of tax in the regional budgets is reset.
“This will set tax conditions for the IT business better than those attractive today jurisdictions, as the Indian and Irish. In fact, it is one of the lowest tax rates in the world for the respective sphere of activity”, – stated in the explanatory note.
in addition, for IT companies from 2021 and for an indefinite period set reduced rates of insurance contributions in the cumulative amount of 7.6%. Including on compulsory pension insurance – 6%, for compulsory social insurance against temporary disability and maternity – 1.5% for compulsory health insurance was 0.1%.
Similar preferences on insurance premiums and income tax will also be installed for companies that are engaged in the design and product development of electronic components and electronic (electronic) products and included in the relevant register of the Ministry of industry and trade.
