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Russia Allows Extended Application of Reduced Regional Corporate Tax Rates

|Approved Changes|Russia
Russia

Russia has published Federal Law No. 211-FZ of 28 June 2022, which allows for the extended application of reduced regional corporate tax rates. Federal Law No. 302-FZ of 3 August 2018 changed the rules in respect of a regional government's ability to set reduced corporate tax rates with effect from 1 January 2019, including that regional governments may no longer provide reduced rates for cert…

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