- Participants of the innovation technopolis “Era” will be exempt from VAT starting from January 1, 2025
- Amendments to the Tax Code of the Russian Federation have been adopted, exempting organizations that have received the status of a participant in the Military Innovation Technopolis “Era” from VAT obligations
- Participants will also be able to apply a single reduced rate for insurance contributions
- The benefits are valid for 10 years with transitional provisions
- The law will come into effect on January 1, 2025
- Tags: legislative initiatives, information technology, taxes, fees, contributions, tax responsibility, tax control, VAT, practical situations
Source: garant.ru
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.
Latest Posts in "Russia"
- Lawmakers Propose Reducing VAT on Essential Goods to Lower Consumer Costs
- Parliament Suggests Lowering VAT on Essential Goods to Ease Consumer Burden
- Russian Government Extends VAT Payment Deadline for Catering Enterprises to December 1, 2025
- Development of Judicial Practice on VAT Deductions for Duty-Free Imported Goods in Russia
- New Tax-Exempt Equipment List for Importation Effective August 16, 2025
