Russia might exempt military-technical deals with other countries from tax control

The Russian government has submitted a bill to the State Duma that proposes to exempt the prices of deals in the area of Russia's military-technical cooperation with other countries from tax control.

The Russian government has submitted a bill to the State Duma that proposes to exempt the prices of deals in the area of Russia's military-technical cooperation with other countries from tax control.

The bill to amend Part One of the Russian Tax Code, concerning authority to determine the particulars of tax regulation, has been posted in the database of Duma documents.

Such deals will be excluded from among those that are controlled due to the specifics of the subject of such deals and how they are concluded, government materials stated earlier.

In their content, deals in the area of Russia's military-technical cooperation with other countries are similar to deals with state regulation in that the list of products with military applications that can be handed over to foreign customers is approved by the Russian president according to recommendations from the government.

In addition, the prices of these products are determined by organizations authorized for this by intergovernmental agreements, the government said earlier.

The amendments also give the Russian president the power to regulate tax legal relations in periods of martial law. They would stipulate that in cases covered by the law on martial law, regulation of legal relations covered in Article 2 of the Tax Code will be determined by legal acts of the Russian president. This article of the Tax Code defines relations regulated by legislation on taxes and levies.

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