The condition to deny IT companies a reduced rate of income tax for not submitting accounting reports will not be included in the amendments to the tax law.
THE MINISTRY OF FINANCE ISSUED THE AMENDMENTS ISSUED BY THE GOVERNMENT OF THE TAX LAW (TC) THE CONDITION IN WHICH IT COMPANIES COULD LOSE THE RIGHT TO A REDUCED RATE OF INCOME TAX DUE TO THE LACK OF FILING FINANCIAL REPORTS, SAID THE SECRETARY OF STATE – DEPUTY MINISTER ALEXEI SZNOV AT THE DUMA STATE COMMITTEE FOR BUDGET ON SUNDAY. “THE COMMITTEE’S NOTE WAS FAIR THAT IT IS NOT ACCEPTABLE TO DENY IT COMPANIES THE RIGHT TO A REDUCED RATE DUE TO THE LACK OF FILING FINANCIAL REPORTS, DEPENDING ON THE CONDITION,” HE SAID.