The Ministry of Digital Development and the Ministry of Finance will discuss the indefinite extension of the current 0% income tax rate for IT companies, writes the daily Vedomosti, citing sources.

Ministry of Digital Development and Ministry of Finance will discuss an indefinite extension of the 0% income tax rate for IT – media

One of the interlocutors of the publication in the union said that both the lack of definition of the benefits and the possibility of their extension until 2030 would be discussed.

The Finance Ministry declined to comment on the subject of discussing tax benefits for IT companies. The Ministry of Digital Development did not respond to a request.

  • The tax maneuver for IT companies whose developments are included in the domestic software registry was approved by the president in the summer of 2020 and has been in force since 2021.
  • Initially, for companies in perpetual modality, a preferential rate of 3% was applied for income tax and 7.6% for payroll tax. In July 2022, the income tax rate was reset to zero, but only until the end of 2024.
  • The condition under which the company can take advantage of the benefits is that 70% of the income must be received from the development of software and hardware and software systems, online advertising or online subscriptions.

At the same time, according to the newspaper, several regional authorities are in favor of not extending the zero tax rate for IT and companies to return to paying 20% ​​income tax from the beginning of 2025. This is because the regions receive fewer tax deductions.

Author:

anastasia mariana

Source: RB

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