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Russia Provides Temporary IP Income Exemption

|Approved Changes|Russia
Russia

Russia has published Federal Law No. 149-FZ of 28 May 2022, which provides a temporary income tax exemption on income from the results of intellectual property activity that is protected by copyright from 1 January 2022. The exemption is available for companies in general for three years from 1 January 2022 to 31 December 2024. For qualifying companies registered as small and medium-sized busi…

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