The government proposed to grant tax benefits to technological valleys, similar to those earlier granted to Skolkovo, including exemption from the payment of income tax and considerable reduction of the insurance contribution rates. According to the draft law recently introduced to the State Duma, the government is proposing tax relieves for Russian technological valleys, which are innovation centers established within the leading institutions of higher education. Creation of such centers was proposed by President Putin last year. The draft law proposed the introduction of changes to the Tax Code and granting the members of technological valleys tax benefits similar to those for Skovkovo residents. According to the explanatory note, the measures are aimed to improve their performance and to minimize expenses.
There is a draft law before the State Duma proposing to adjust the assessment of tax on personal property. RBC has looked into how the tax burden on homeowners will change.On March 1, President V. Putin in his message to the Federation Council requested to elaborate the calculation of tax on residential property so that citizens would pay fair and affordable tax based on cadastral value.On May 15, upon the President’s instruction, members of the State Duma headed by the State Duma Chair Vyacheslav Volodin introduced the draft law to limit the growth of tax payments of the owners of apartments and houses. As RBC was informed by the representative of the Ministry of Finance, the Ministry was developing the draft law.