Russian Parliament Considering Amendments to the Taxation of Participants in Special Investment Contracts
Russia's State Duma (lower hour of parliament) is considering a draft bill submitted 16 April 2019 that would amend rules for the taxation of participants in special investment contracts (SPICs). SPICs are contracts concluded between the government at a federal, regional, or municipal level and an investor for investments in the creation, modernization, and development of certain industrial pr…
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