Refusal from taxation of income received from intellectual property.

Oct, 13 2021

The relevant ministry has proposed a draft law proposing not to levy taxes on the results of intellectual activity.

The grace period will be extended to small and medium-sized businesses for 5 years, to other organizations for 3 years. When determining these norms, Russian legislators took into account the experience of foreign colleagues.

The creators of the proposed law draw attention to the fact that a similar regime was in effect earlier. The cancellation of the preferential regime has negatively affected investment activity in the field of intellectual property.

The two-year tax exemption regime that was in effect earlier was not long enough, given the labor-intensive nature of accounting for intellectual property rights.

The authors of the bill put forward the idea that due to this tax exemption, it will be possible to legalize a large share of the black market.

Author of the article
Refusal from taxation of income received from intellectual property.
Valentina Khlavich
Managing Partner
Send Request
By clicking on the button "Submit", you give your consent to the processing of your personal data and agree to the privacy policy.