The tax amount can be reduced by the amount of investment
Give tax breaks to companies that engage in venture investments in Russian startups, — This initiative was made by deputies of the New People party. Party leader Alexey Nechaev, State Duma Vice Speaker Vladislav Davankov and Chairman of the Committee on Small and Medium Enterprises Alexander Demin sent a corresponding bill to the government.
The bill was developed jointly with experts from the Internet Initiatives Development Fund. It provides that the amount of income tax paid by an investor can be reduced by an amount proportional to or even equal to the entire amount of the organization’s investments.
The new edition contains a provision that allows regions to independently decide at what Under specific conditions, the investor is entitled to a deduction, as well as the amount of the amount of investment expected to be deducted.
A tax deduction is granted if investments are directed to innovative projects. In this case, the agreement must be drawn up for at least five years, and information about it must be included in the regional register of investment partnerships.