RS Brief news Waste management will be deducted from taxes

Waste management will be deducted from taxes

December 2013

The Government of the Russian Federation is considering various possibilities to enable the business community to decrease the taxable base by expenditures relating to the production waste management. For this purpose, a meeting of the Advisory Council for Foreign Investments to Russia was held. Consideration of this problem at such a high level was prompted by the fact that for several years the Russian tax authorities were unable to develop a uniform approach to the procedure for referring such expenditures to tax expenses.

Based on the meeting results, as reported by Vice Prime Minister Arkady Dvorkovich, this approach was successfully developed. “There will be tax deductions”, - he noted. RS