Tax Incentives in Russia 2014 | Deloitte CIS | Tax | Research and Development and Government Incentives has been added to your bookmarks.
Tax Incentives in Russia
On 30 September 2013 a law was introduced in the Russian Federation providing tax incentives to investors in certain regions of Far Eastern Russia and Siberia.
Under these incentives, the profits tax rate varies from 0% to 10% for the first five years of income generation and from 10% to 18% for the following five years, rather than the standard 20% rate. This law will come into effect from 1 January 2014 and is likely to make Far Eastern Russia an extremely attractive region for manufacturers.