The Ministry of Digital Development and the Ministry of Finance are working on the parameters of tax deduction financing for small and medium-sized businesses on AI expenses.

The Ministry of Digital Development and the Ministry of Finance are working on the parameters of tax deduction financing for small and medium-sized businesses on AI expenses.

The Ministry of Digital Development of the Russian Federation and the Ministry of Finance of the Russian Federation are examining the possibility of implementing and parameters for financing the initiative to introduce for small and medium-sized enterprises (SMEs) a deduction of income tax and tax paid within the framework of the simple taxation system (USN), in the amount of their expenses on artificial intelligence solutions, according to the press service of the Interfax Ministry for Digital Development.