The government extended the payment of compensation for the investment deduction
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Russian Prime Minister Mikhail Mishustin signed a resolution extending compensation payments to the regions for companies that use the investment income tax deduction. The amount of compensation is up to 200 million rubles. for one company.
“Such a deduction is in demand among entrepreneurs and is one of the mechanisms to encourage business investment activity. Due to it, investors can reduce the amount of corporate income tax, reduce the cost of their project and, accordingly, implement it faster, ”the Prime Minister explained, his words are quoted press office government.
Companies that are not related to gambling, mining, finance or insurance activities can apply for the deduction. To receive compensation, you must confirm the use of the regional investment standard by December 1.
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