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Innovative science and technology centers will be provided with tax incentives
The State Duma received a bill prepared by the government of the Russian Federation, according to which it is planned to amend the taxation of innovative scientific and technological centers to stimulate their work. The document can be found in the electronic database of the lower house of parliament.
“The purpose of the bill is to create favorable conditions for conducting research activities, commercializing its results and the practical application of scientific achievements of applied value to participants in the implementation of measures to create and ensure the functioning of innovative scientific and technological centers in accordance with the federal law of July 29, 20021. №216-ФЗ “, – says the explanatory note to the bill.
In particular, it is proposed to introduce a special procedure for the payment of taxes for those who are engaged in scientific and technological activities, similar to that provided for persons carrying out research activities in the Skolkovo innovation center.
Thus, organizations that have received the status of a project participant will have “the right to exemption from the payment of income tax until a certain Art. 2461 of the Tax Code of the Russian Federation of the payback level, or for a period of up to 10 years “.
Also, the bill for project participants is proposed to introduce an exemption for 10 years from the payment of value added tax.
“The bill is supposed not to tax the property of organizations, except for project participants, also foundations, management companies and their subsidiaries. It is also planned to exempt organizations from land tax that are recognized by funds in accordance with the federal law of July 29, 20021. No. 216-FZ, in relation to land plots located on the territory of the centers “, – indicated in the document.
In addition, the bill proposes to introduce a whole range of benefits for project participants, including exemption from state duty for issuing a work permit, issuing an invitation to enter the Russian Federation, issuing or extending the validity of visas to foreign citizens who have entered into an employment or civil contract with them. For 10 years from the date of obtaining the specified status, they will be subject to reduced rates of insurance premiums.