President Vladimir Putin of the Russian Federation signed a law on tax exemptions for the radio electronic industry. The document is published.

The Act establishes a lower rate for the period 2025-2027 on income tax for Russian organizations operating in the field of radio electronics. These are the enterprises and organizations of the radio electronic industry included in the special register of the Ministry of Commerce of Russia.

For example, the tax rate to be credited to the federal budget is 8 per cent (up to the end of 2024, the rate is 3 per cent) and the tax to be credited to the RF entity ' s budget is 0 per cent (due to no change).

At the same time, the types of income taken into account for the application of a lower tax rate on the organization ' s profits tax are clarified.

The Government of Russia initiated the law. In the cabmine, it was indicated that the issue of unrecovered incomes of RF entities would be considered annually as part of the federal budget project for a three-year period.

Reference to source: https://tass.ru/ekonomika/22533269
Source: freepik.com

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