Key COVID-19 tax breaks and benefits for business

12.05.2020

Legal Update No 762

Bryan Cave Leighton Paisner (Russia) LLP, formerly Goltsblat BLP in Russia, advises that Russia’s measures in response to the coronavirus threat have been extended. Further to our Legal Updates No. 740 dated 31 March 2020 and No. 742 dated 1 April 2020, please use the link below for a summary of key COVID-19 developments easing taxation and granting tax benefits to business as at 29 April 2020.

On 28 April 2020, the Russian Federal Tax Service (FTS) held a webinar for corporate members of CCI France Russie, the American Chamber of Commerce in Russia, the AEB and the Russian-German Chamber of Foreign Trade on fiscal measures for supporting businesses in light of the COVID-19 pandemic.

During the webinar, FTS Head D.V. Egorov answered questions from association members. Tatiana Kirgetova, Senior Associate at the BCLP Tax Practice and Co-chair of the CCI France Russie Committee for Finance, Investment and Security, participated as a moderator on behalf of CCI France Russie.

Should you have any further questions regarding fiscal measures for supporting businesses amid the COVID-19 pandemic, Bryan Cave Leighton Paisner (Russia) LLP tax specialists will be happy to answer them.

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