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25
April
2018

The Law on Tax Relief drawn up by the Committee adopted on the first reading by The Legislative Assembly of St. Petersburg

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The Legislative Assembly of St. Petersburg adopted on the first reading the draft law of St. Petersburg “On Amendments to the Law of St. Petersburg “On Tax Relief” for the support of IT-sphere.

This Law proposed tax incentives to individual sectors of IT industry. For example, companies investing in setting up or upgrading of data centers, and implementing export of software, might obtain tax benefits.