A new mechanism for monitoring the application of investment tax incentives is being introduced. The amendments are set out in Draft Law, which provides for changes to Parts One and Two of the Russian Tax Code.
The Government’s draft law No. 1026190-8 amending the Russian Tax Code has been put before the State Duma. In addition to the widely known measures it provides for tax administration.
The Government has put before the State Duma its draft law amending the Russian Tax Code. Below we review the proposed new developments affecting specific aspects of key taxes.
Significant amendments have been prepared to legislation applicable to the IT industry. The changes will affect the areas of tax, antitrust, and sectoral regulation.