Russia: President signed Law No.479-FZ on Taxation of Advertising Revenue for Online Platforms
Description
President signed Law No.479-FZ on Taxation of Advertising Revenue for Online Platforms
On 26 December 2024, the President signed Law No.479-FZ on Taxation of Advertising Revenue for Online Platforms. The Law amends Federal Law No. 38-FZ on Advertising and mandates distributors of online advertising to remit 3% of their quarterly incom…
Scope
Policy Area
Taxation
Policy Instrument
Direct taxes including Digital Service Taxes
Regulated Economic Activity
online advertising provider
Implementation Level
national
Government Branch
executive
Government Body
central government