The Deputy Minister stated that there are company appeals claiming…
The Deputy Minister stated that there are company appeals claiming that not all types of expenses can currently be accounted for when calculating the profit tax.
Consensus
- The Ministry of Finance of Russia is examining company requests regarding the inability to account for certain defense-related expenses in corporate profit tax calculations.
- The Ministry is considering amendments to the Tax Code to allow such expenses to be included in tax deductions.
- Changes, if made, could take effect from 2026.
- The Ministry has not discussed tax deferrals or other forms of financial support for companies affected by attacks.
- The issue requires consensus with regional authorities because corporate profit tax revenues are part of regional budgets.
- Companies have reported that not all defense-related expenses can currently be accounted for in tax calculations.
Points of divergence
- The Ministry believes that most such expenses can already be accounted for, and the issue does not involve a significant financial amount. — interfax
- The Federal Tax Service (FTS) confirmed on 1 July that expenses for purchasing protective equipment against drone attacks can be recognized as deductible expenses if they meet general conditions under Article 252 of the Tax Code. — vedomosti
Coverage (2 sources)
- Ministry of Finance of the Russian Federation will assess accounting of companies' expenses on defense for taxation — Интерфакс
- Business affected by attacks will be able to account for more types of expenses when calculating taxes — Ведомости