On Nov. 29, RUS GVT issued law on radio-electronic industry taxes.
RUS GVT published law 417-FZ on amendments to article 284 of part two of the tax code of the Russian Federation and art 4 law on amendments to part two of the tax code of the Russian Federation.
Key Points
For companies included in the register of organizations operating in radio-electronic industry, starting from the tax period of inclusion in the said register in 2025–2027, the tax rate for corporate income tax payable to the federal budget is set at 8%.
At the same time, according to the new law, the tax rate for the corresponding tax payable to the budget of a constituent entity of the Russian Federation is set at 0%.
Effectiveness
The law enters into force on Dec. 29, 2024 (1 month after its official publication).
