The Russian Ministry of Finance has issued Guidance Letter No. 03-03-06/1/96344 on 10 April 2024, clarifying updates to tax deductions for costs related to acquiring and using computer programs and databases.
Currently, a 1.5x deduction applies to expenses under license and sublicense agreements with copyright holders, as well as for acquiring exclusive rights to software valued below RUB 100,000, provided the software is registered in Russia.
Effective 1 January 2025, the deduction will expand to include costs for software, hardware systems, and expenses for adapting or modifying computer programs and databases.
The deduction coefficient will also increase from 1.5 to 2.0, enhancing tax relief for qualifying expenses. These updates stem from Federal Law No. 176-FZ, adopted on 12 July 2024.
