Tax Exemptions for Property Transfer to TOR Management Companies: Proposed Amendments

A bill has been introduced in the State Duma to provide tax benefits to managing companies in territories of advanced development and their subsidiaries
The bill proposes exempting the transfer of property on a gratuitous basis from VAT and profit tax
The changes are expected to come into effect one month after the official publication of the law
The bill aims to prevent the need for increased funding due to VAT when receiving property from state or municipal ownership
The bill can be viewed on the official website of the State Duma

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.