A bill has been submitted to the Duma to regulate relations in the area of taxation on profits of organizations-residents of special economic zones

19 September 2017, Tuesday

By the Direction of the Government of the Russian Federation of September 18, 2017, No. 1985-Ra Draft Federal Law "On amending Article 284 of the Tax Code of the Russian Federation ".was submitted to the State Duma of the Federal Assembly of the Russian Federation. The current version of article 284 of the Tax Code, the tax rate for the profits of the organizations to be enrolled in the federal budget for the period from January 1, 2017 to December 31, 2020 is established as 3 per cent. The bill proposes to preserve the rate of 2 per cent for individual residents of special economic zones in part, to be enrolled to the federal budget at the level of 2%.

The bill was discussed and approved at the meeting of the Government of the Russian Federation of September 13, 2017.

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