The expert added that Huawei and other transnational corporations will benefit from this first and foremost
Posted: Sat Jan 18, 2025 8:26 am
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“Organizations applying for benefits must provide the Ministry of Industry and Trade with information on the amount of economic benefit from the new tax maneuver,” the letter says.
On December 14, the State Duma Committee on Industry and Trade will india whatsapp number list consider a bill to reduce the profit tax rate in the industry to 3% and the total insurance premium rate to 7.6% for companies.
The mailing list includes: ANO Consortium Computing Technology (ANO VT), the Trust Platform Association, the Consortium of Design Centers and Enterprises of the Radio-Electronic Industry, ANO Consortium Telecommunication Technologies, Milandr JSC, NM-Tech LLC, GS Group, and the Automotive Components and Telematics Consortium.
Deputy CEO of the developer and manufacturer of integrated circuits Milandr Sergey Shumilin said that the industry does not yet have a ready document at its disposal.
“The difficulty in expanding the maneuver to the electronics industry is how to convince the authorities that the benefits from it will be greater than the losses,” Shumilin explained.
According to the company's estimates, in the area of electronic component base (ECB) developers, budget losses will amount to 8-10 billion rubles per year.
“The state spends comparable amounts on subsidies and direct R&D every year, but they go to the ‘monsters’ of the industry, while small and medium-sized companies have to survive, so the maneuver will allow for more equitable financial support,” the expert explained.
Svetlana Legostayeva, CEO of ANO VT, which took part in promoting the initiative, said that according to their calculations, in the next 10 years the amount of income tax revenues to the budget will exceed what it would be without benefits.
“Organizations applying for benefits must provide the Ministry of Industry and Trade with information on the amount of economic benefit from the new tax maneuver,” the letter says.
On December 14, the State Duma Committee on Industry and Trade will india whatsapp number list consider a bill to reduce the profit tax rate in the industry to 3% and the total insurance premium rate to 7.6% for companies.
The mailing list includes: ANO Consortium Computing Technology (ANO VT), the Trust Platform Association, the Consortium of Design Centers and Enterprises of the Radio-Electronic Industry, ANO Consortium Telecommunication Technologies, Milandr JSC, NM-Tech LLC, GS Group, and the Automotive Components and Telematics Consortium.
Deputy CEO of the developer and manufacturer of integrated circuits Milandr Sergey Shumilin said that the industry does not yet have a ready document at its disposal.
“The difficulty in expanding the maneuver to the electronics industry is how to convince the authorities that the benefits from it will be greater than the losses,” Shumilin explained.
According to the company's estimates, in the area of electronic component base (ECB) developers, budget losses will amount to 8-10 billion rubles per year.
“The state spends comparable amounts on subsidies and direct R&D every year, but they go to the ‘monsters’ of the industry, while small and medium-sized companies have to survive, so the maneuver will allow for more equitable financial support,” the expert explained.
Svetlana Legostayeva, CEO of ANO VT, which took part in promoting the initiative, said that according to their calculations, in the next 10 years the amount of income tax revenues to the budget will exceed what it would be without benefits.