Russian Federal Law No. 202-FZ, issued on November 29, 2012, amended the Tax Code by introducing additional exemptions from corporate property tax. From January 1, 2013, the categories of assets not subject to corporate property tax include movable property reported as fixed assets on the balance sheet of a company; nuclear installations used for research purposes; the storage of nuclear materials, radioactive substances and radioactive waste; ice breakers and ships with nuclear power plants; ships registered in the Russian vessel register; and cultural heritage items as provided by law.
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