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Profits tax: major changes. By Yulia Timonina, Ernst & Young. Few. Most. 2007. 2002. 2003. 2004. 2005. 2006. Some. Changes to Chapter 25. Introduced by Federal Law № 58-FZ June 6, 2005 Apply starting:. Major Positive & Neutral Changes. 2007. 2002. 2003. 2004. 2005. 2006.
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Profits tax: major changes By Yulia Timonina, Ernst & Young
Few Most 2007 2002 2003 2004 2005 2006 Some Changes to Chapter 25 • Introduced by Federal Law № 58-FZ June 6, 2005 • Apply starting:
2007 2002 2003 2004 2005 2006 Fixed assets • 10% immediate deduction • Leasehold improvements (a),(b)
2007 2002 2003 2004 2005 2006 Direct and indirect expenses, WIP • Direct expenses and WIP computation • WIP for services companies (a),(b)
2007 2002 2003 2004 2005 2006 Expenses • Documentation • R&D expenses • Expanded list of deductible expenses • Natural losses (a),(b),(c) (c) (d)
2007 2002 2003 2004 2005 2006 Other major changes • Loss carry forward • Securities • Reorganisations (a) (a),(b) (c) (b)
2007 2002 2003 2004 2005 2006 Generally adverse changes • Thin capitalisation and interest • Charter capital contributions (a) (b)
Yulia TimoninaSenior Manager, Ernst&Youngyulia.timonina@ru.ey.com7 (095) 755 9838 Thank you