Russia’s Finance Ministry Announces ‘Tax Changes’ to Cover Companies’ Defense and Drone-Attack Recovery Spending
The proposal would let firms deduct defense and repair costs as drone threats push Russia to tighten protections for critical infrastructure.
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Russia to introduce tax breaks for drone-damaged businesses
The government is preparing amendments to support companies investing in anti-drone protection or restoring objects after UAV attacks. According to Deputy Finance Minister Alexey Sazanov, the Ministry of Finance will present these changes in...
The Deputy Minister of Finance, Alexei Sazanov, announced an adjustment of tax legislation to allow business to take into account defence spending and infrastructure rehabilitation after drone strikes. The initiative is intended to regulate the accounting of companies' expenditure on protecting and repairing infrastructure after drone attacks. "Not compensation, but in terms of accounting for defence costs, site restoration," TASS quoted the wor…
Russia’s Finance Ministry announces ‘tax changes’ to cover companies’ defense and drone-attack recovery spending
Russia’s Finance Ministry is drafting changes to tax legislation that would account for companies’ spending on defending and repairing facilities damaged in drone attacks, Deputy Finance Minister Alexey Sazanov said on the sidelines of the Moscow Financial Forum.
The Ministry of Finance of Russia, together with other relevant departments and industry organizations, is working on further tax changes, transmitting the Interfax and TASS, this time to record the cost of protecting objects from drone attacks and subsequent repairs, and told the Deputy Minister of Finance, Alexei Sazanov.
This was stated by Deputy Minister of Finance of the Russian Federation Alexey Sazanov, Interfax reports. Dozhd TV: news, video, broadcast, online, archive, program program.
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