Starting from January 01, 2021, the pool of profit tax investment deduction costs list of costs has been expanded to include research and development (R&D) expenses. However, R&D expenses could only deductible if the region of Russia enacts the relevant legislation in its territory. Please note that investment deduction (the possibility to directly deduct the cost of acquired fixed assets for-profit tax purpose) is an alternative to regular depreciation mechanism that can be made available upon the decision of the Russian regions on their territories.
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NAZALI TAX & LEGAL |