Russian President Vladimir Putin has signed amendments to the second part of the Tax Code of the Russian Federation. This is reported on the Kremlin's website.
In accordance with the law, starting from January 1, 2026, reduced income tax rates will cease to apply to organizations participating in the SEZ in the Magadan Region, as well as the right to apply a reduction coefficient taken into account when calculating the mining tax.
The ban on the use of investment tax deduction by these organizations, which reduces corporate income tax, is lifted.
