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PoliticsReportedLow
2.1

Russia to Keep IT Tax Breaks; Budget Draft Excludes Cancellation

Russian Vice Premier Dmitry Grigorenko confirmed the draft federal budget retains tax incentives for the IT industry, reversing earlier speculation of their removal. The statement signals policy continuity aimed at supporting the domestic tech sector amid sanctions. Market impact is limited as the measure was widely expected.

Interfax3 days agoRUCredibility 36%View source

Score Breakdown

Mosaic Score2.1
Model confidence0.7
Significance0.1
Source credibility0.4
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