Tag Archives: VAT Exemption on Intellectual Property

Businesses in the Russian Federation expected to benefit from new intellectual property tax regulation

Businesses in the Russian Federation expected to benefit from new intellectual property tax regulation

Early in April 2022, Parliament passed a bill exempting the transfer of exclusive rights to inventions, utility models, industrial designs, integrated circuit topographies, know-how under a franchise agreement, and the use of intellectual activity results under a franchise agreement from VAT. Only if a charge for the transfer of exclusive rights to the aforementioned IP […]