The Russian Government has issued a release on the agenda of a meeting held on 25 May 2022. Among other things, further support for IT companies was discussed that would involve relaxing the conditions for the "ultra-low tax regime". The regime was introduced in 2020 and includes two main benefits:
To qualify, the following conditions must be met:
As discussed in the meeting, the last two conditions will be relaxed, with the percentage of total revenue reduced to 70% and the employee condition removed. It is also noted that as part of a series of measures to counter the effects of sanctions, an income tax exemption (0% tax rate) for accredited IT companies has already been introduced for three years from 2022 to 2024.