- The Russian government will postpone eliminating the VAT break for domestic software sales.
- This decision follows appeals from the IT industry and analysis by a specialized government agency.
- Consultations were held with the Finance Ministry, State Duma deputies, and senators.
- The postponement aims to avoid negatively impacting the development and adoption of Russian software.
- Relevant changes will be made to the bill amending the Tax Code for its second reading.
Source: interfax.com
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.
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