The State Duma adopted a law containing tax support measures to stimulate the development of the Russian IT industry

The document establishes an investment tax deduction for the costs of installing, testing, adapting and modifying software and databases included in the unified register of Russian software, as well as fixed assets included in the unified register of Russian radio-electronic products. The deduction will also be provided for the costs of training employees who maintain such software, databases and objects.

When determining the cost of depreciable property, a multiplying factor of 1.5 is set for the costs of acquiring Russian radio-electronic equipment, software and databases that relate to the field of artificial intelligence.

For organizations that design and develop electronic (radio-electronic) products, electronic component base, as well as materials and technologies for such a base (according to the list approved by the Government of Russia), the income tax is reduced: the rate to the federal budget is 3%, to the budgets of the regions - 0 %. Similar rates will apply to manufacturers of such products and components.

Organizations that develop and manufacture their own electronic components and products are also entitled to apply reduced insurance premium rates (7.6%). Moreover, the condition for the number of employees is excluded for them, and the requirement for the share of income from the sale of relevant services (works) in the total income of such an organization is reduced to 70% from 90%.

In addition, with regard to expenses related to the development of genetic technologies, the regions are given the right to introduce an investment tax deduction in the amount of 42.5% of the amount of such expenses. At the same time, the federal part of income tax can be reduced by 7.5% of such expenses.

The law should come into force from the day of its official publication, and these rules will apply to legal relations that arose from January 1, 2022, that is, they will have retroactive effect.