The rich will pay too

rabiakhatun

IT companies will be subject to a 5% profit tax rate. This follows from the Finance Ministry’s draft law on changes to the tax system.

Most organizations surveyed by RSpectr believe that the rate change will not have a significant impact and the business of Russian organizations will not change critically. But there are also opposing opinions.

The reduced income tax rate was introduced as a temporary measure, with the initial 3% being replaced by 0% in 2022, in order to support young technology companies in the face content writing service of sanctions, said Alexandra Orekhovich, director of legal initiatives at the Internet Initiatives Development Fund.

Alexandra Orekhovich, Internet Initiatives Development Fund:

­ – The 5% rate is still significantly lower than the profit tax for “ordinary” companies (20%), which, given the risk of cancellation of the benefit as such, can be called a conciliatory option.



The decision is certainly understandable, the time of virtual "helicopter" money is ending, continued the president of the Association of Participants of the Data Center Industry Igor Dorofeev. According to him, the Ministry of Finance always pursues a restrained policy of benefits and preferences, which must be confirmed by compensating income. The expert states that

the task of stabilizing the IT industry and stimulating the development of solutions has now been solved

Igor Dorofeev, Association of Data Center Industry Participants:

– Everyone sees a significant number of products, including duplicating each other, which lack a market. It is time to introduce regulatory measures and move from quantity to quality.

Many large companies did not use the benefit anyway, as they did not meet the criteria, noted Dmitry Kichko, CEO of Edit Pro (Borlas Group). Startups, in his opinion, operate without profit or with minimal profit in the first years of life, as they are only just increasing their turnover. Therefore, the increase will have little effect on them. He is confident -

Medium-sized companies will bear the brunt of the blow, but a gradual increase in the rate will allow them to adapt to the new conditions

The planned change in the rate will not affect either the development of domestic IT products or the decision to invest in this area of ​​business, noted Linx CFO Victoria Galdina.

Victoria Galdina, Linx :

– The preferential rate for insurance premiums is set on an indefinite basis and is a much more significant support for IT companies, since employee salaries  are one of the main expense items for development companies.

The increase in the tax burden is not critical, especially considering the possibility of counting R&D at an increased rate when calculating income tax, believes CDNvideo CEO Yaroslav Gorodetsky.