The State Duma has approved, in the first reading, a Ministry of Finance bill that would extend existing tax exemptions on income from employee incentive programmes to programme administrators.
Russia’s State Duma has approved, in the first reading, a Ministry of Finance bill that would introduce tax incentives for administrators of employee incentive programmes by extending an existing tax exemption.
This announcement was made on 7 July 2026.
Under the current rules, income received by international companies from the sale of additionally issued shares under employee incentive programmes is exempt from taxation. The bill proposes applying the same tax exemption to the administrators of such programmes.
The proposed amendments to the Tax Code are linked to changes in the sector-specific law governing international companies.
According to the Ministry of Finance, the changes are intended to increase the attractiveness of share-based employee incentive programmes while supporting the development of the Russian stock market and increasing its market capitalisation.
The bill was approved in the first reading by the State Duma on 7 July 2026.
