Russia MOF Announces Draft Law to Implement Various Tax Measures

The Russian Ministry of Finance Sept. 29 announced a draft law to implement various tax measures. The draft law includes measures to: 1) provide transport and land tax benefits to special military operation (SVO) participants and their families; 2) extend to 10 years from 5 years the maximum term of the investment tax credit; 3) establish uniform conditions for tax exemptions on sales of specified shares and participatory interests held for more than five years; 4) apply a zero percent rate to insurance contributions by organizations in the electronics industry that exceed the unified base threshold; 5) exempt specified individuals ...