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Pepeliaev Group advises that the St. Petersburg Legislative Assembly, on 29 November 2017, adopted a law exempting from corporate property tax any movable property which was released no earlier than three years ago.
Pepeliaev Group advises that the Russian Supreme Court has confirmed the right of taxpayers to deduct VAT amounts charged by contractors when work on cultural heritage sites is performed.
Pepeliaev Group advises that the Russian Government has submitted to the State Duma a draft law providing for an investment deduction to be established with respect to profit tax and for significant amendments to the application of the federal benefit relating to movable property starting from 2018.
