Putin instructed to develop amendments for the extension of benefits for IT companies

Путин поручил разработать поправки по продлению льгот для IT-компаний

Russian President Vladimir Putin instructed the government to develop amendments to the legislation extending preferential insurance contributions for IT companies until 2023, published on the Kremlin website, the President’s instructions.

“The government of the Russian Federation… to provide entering into the legislation of the Russian Federation changes providing for… the extension until 2023 of the period of application of the lowered tariffs of insurance contributions established for the year 2016 for Russian organizations operating in the field of information technologies, preserving the existing conditions of use of these tariffs”, — stated in the message.

The period of execution of the order — may 15, 2017.