St. PETERSBURG, June 16 There are no plans to exempt IT companies from a one-time contribution to the budget from excess profits, Maksut Shadayev, head of the Ministry of Digital Development of the Russian Federation, told reporters on the sidelines of the SPIEF.
«No,» said Shadayev, answering the question whether it is planned to exempt IT companies from excess profit tax.
He also noted that he does not yet know which IT companies will pay this tax. «The formula is there. I don't know. Now the law will be adopted, and we'll tell,» Shadayev said.
The bill on a one-time contribution to the budget from the excess profits of large companies was approved by the government and submitted to the State Duma at the beginning of the week. It will affect large companies whose average pre-tax profit for 2021-2022 exceeds 1 billion rubles. The tax rate will be 10% of the excess of profit for 2021-2022 over the same indicator for 2018-2019. But if the company pays it before November 1 of the current year, the rate will be halved — to 5%.
The St. Petersburg International Economic Forum (SPIEF) takes place on June 14-17. is the information partner and host photo agency of the forum.
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