The List of Advertising Expenses That Cannot Be Deducted for Profits Tax Purposes Has Been Updated
On 29 November 2024, Federal Law No. 416-FZ “On Amendments to Part Two of the Tax Code of the Russian Federation and Certain Legislative Acts of the Russian Federation” (hereinafter referred to as the “Law”) was officially published. The Law amends the Article 270 of the Tax Code of the Russian Federation (hereinafter referred to as the “Tax Code”) which determines the list of expenses that cannot be deducted for profits tax purposes.