The state Duma has approved in the first reading, the decrease in insurance premiums for multipliers

© RIA Novosti / Vladimir Fedorenkova in photobacteria at the plenary session of the State Duma of the Russian Federation. 19 January 2018The state Duma has approved in the first reading, the decrease in insurance premiums for multipliers© RIA Novosti / Vladimir Fedorenkova the image Bank

The state Duma adopted in the first reading a bill to establish a reduced rate of insurance contributions to state extra-budgetary funds for Russian producers of cartoons.

The document submitted by the government of the Russian Federation establishes for the 2018-2023 years, the overall rate of 14% for the Russian organizations involved in the production and sale of animated audiovisual products. The same rate now established for Russian organizations working in the field of information technology.

Thus, the contribution rate for compulsory pension insurance to the Russian producers of cartoons will be 8%, for compulsory social insurance against temporary disability and maternity – 2%, obligatory medical insurance – 4%.

Current tariff rates of insurance contributions significantly increase the cost of entertainment products, which leads to the unprofitability of production of Russian cartoons, and significantly reduces the investment potential of the industry, according to the government. While taking into account long-term production of animated films (two to five years) investments in this sector are practically absent.

Implementation of the bill will allow organizations industry animated movie to reduce the cost of their products and to attract highly qualified specialists from related areas, in particular, from the industry of IT technologies. A shortfall in revenues of state extrabudgetary funds in connection with any benefit will be compensated from the Federal budget. According to the government, the volume of fiscal transfers for this purpose will not exceed 300 million rubles per year.

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