The President of the Russian Federation has signed the Law, which changes the conditions for obtaining tax benefits by companies operating in the field of information technology.
From January 1st, 2021, amendments to the Tax Code of the Russian Federation came into force. These include a change in the terms of VAT taxation, the provision of tax incentives at a reduced income tax rate (0% until January 1st, 2024 instead of 3%) and reduced insurance premium rates (7.6% instead of 30%).
In order to receive tax benefits, companies must meet a number of conditions. However, the approved law changed some of their provisions, and starting July 14th of this year, companies that meet the new requirements can use the right to receive tax preferences:
|Conditions for obtaining tax benefits ERLIER||Conditions for obtaining tax benefits NOW|
|Obtaining a document on state accreditation of organizations operating in the field of information technology||Obtaining a document on state accreditation of organizations operating in the field of information technology|
|The share of income from activities in the field of information technology – at least 90% of the total share of income||The share of income from activities in the field of information technology – at least 70% of the total share of income|
|The average number of employees is at least 7 people|
The table shows that the share of income from IT activities has decreased, and the requirement for the number of employees has been canceled and does not affect the procedure for obtaining tax preferences. Please note that the organization may lose the right to benefits if, at the end of the tax period, the condition on the share of income is not met or the company was deprived of state accreditation. In this case, the right is lost from the beginning of such tax period.
Tax benefits can be applied by Russian companies that operate in the field of information technology:
According to the new rules, companies that meet following conditions also can receive tax benefits:
Please note that from 2023, the following companies will not be able to receive tax benefits:
Also, tax benefits cannot be applied by companies:
The taboo does not apply to organizations that received state accreditation before July 1st, 2022 and have already applied tax benefits.
Please note that starting next year, all companies will be able to apply a factor no higher than 3 to the basic rate of aromatization in relation to:
It is important to consider the following features when using tax incentives:
In the matter of the application of tax laws and the use of tax benefits, please contact Acsour specialists.