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Russia Provides Corporate Property Tax Exemption for Educational Organizations and Companies Engaged in Sports Activities

|Approved Changes|Russia
Russia

Russia has published Federal Law No. 200-FZ of 29 May 2023, which provides a corporate property tax exemption for educational organizations and companies engaged in sports activities (main activity). The exemption applies in relation to facilities put into operation from 1 January 2022 with an area exceeding 15,000 square meters. The exemption does not apply, however, in relation to property u…

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