In September 2021, the government approved the second set of
measures to support the national IT industry. The first set of
measures that provided IT companies with significant tax
preferences was adopted in 2020 (for further details please see
"
New tax relief for IT industry").
This new set of measures includes 62 items, 20 of which are
aimed at levelling the conditions for doing business in Russia for
foreign and Russian IT companies. The measures will stimulate
import substitution and promote Russian IT solutions in foreign
markets.
The most significant changes to tax legislation provided for by
the second set of measures will be:
- the introduction of a coefficient of 3 for the depreciation
rate of the Russian programs apparatus complexes (PACs);
