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“Tax maneuver” can make Russia one of the most attractive jurisdictions in the world for the development of the IT industry, says Deputy Minister Maxim Parshin.

the Most popular measure would be the reduction of insurance contributions to the wage Fund, says Renat Lachine, Executive Director of the Association of software developers (ARPP). They calculated that the average company with a turnover of 1 billion rubles will be able to reclaim due to the tax maneuver around 84 million rubles. This will allow us to hire up to 30 qualified workers and increase wages, which will make the company more competitive.

the law provides for the exemption on income tax for developers of electronic component base and radio electronics products at observance of several conditions.

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Jennifer Alvarez is an investigative journalist and is a correspondent for European Union. She is based in Zurich in Switzerland and her field of work include covering human rights violations which take place in the various countries in and outside Europe. She also reports about the political situation in European Union. She has worked with some reputed companies in Europe and is currently contributing to USA News as a freelance journalist. As someone who has a Masters’ degree in Human Rights she also delivers lectures on Intercultural Management to students of Human Rights. She is also an authority on the Arab world politics and their diversity.