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  • Moscow offers oil companies income tax breaks
Russia Legislation & Taxation Oil & Gas - Business & Finance Oil, Gas, Energy, & Power

Moscow offers oil companies income tax breaks

06/05/2014

In an attempt to persuade oil companies to make Moscow their HQ, the city authorities are to offer them income tax breaks at 13.5%  instead of the standard 20%. To qualify, companies must prove that they generate more than 70% of their revenue from the sale of oil and oil products. Moscow Telegraph

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