Versus.legal continues a series of articles on preferential tax regimes for IT in neighboring countries. The new material is about Georgia.

British developers actively use the right to tax benefits. In 2020, the studios received £180 million ($247 million) in compensation from the state. This is 48% more than in 2019.

The Chinese authorities should stop providing tax incentives to gaming companies, according to one of the local state media. The newspaper explains this by saying that Tencent and other major players have successfully entered the global market and no longer need state support.On August 5, the relevant material was published on the website of the Securities Times newspaper.

Italian game studios will be able to compensate up to a million euros from the cost of developing their projects. This was announced by the local government, which intends to introduce a special 25% tax deduction.

Not only the Russian authorities can tighten the screws. Already this June, Google is introducing a “tax on bloggers.” We are talking about rules that will oblige all owners of YouTube channels to make deductions in favor of the United States from the income received from American users. This will also affect Russians.

Some good news. Vladimir Putin announced serious tax and insurance breaks for Russian IT companies. According to him, now the conditions will be even better than in Ireland.

Electronic Arts has transferred part of its IP to its Swiss division, where it has its headquarters. Thanks to this, the company plans to save $1.7 billion on tax deductions.

The Ministry of Economy of Russia has proposed a strategy for the development of services exports until 2025. One of the proposals is to remove the tax on profits from the export of telecommunications, computer and information services.

The Skolkovo Foundation proposes to exempt Russian developers from paying VAT for equipping the workplaces of programmers writing software for export.

The Federal Tax Service of the Russian Federation partially released the Russian Internet giant Mail.Ru Group from paying value-added tax on the sale of virtual gifts and additional functions in social games.

Last Monday, February 1, Vladimir Putin instructed the departments to write a law on equal working conditions on the Russian Internet. It is quite possible that we are talking about a return VAT for software developers. For more information about the law and the order, see our detailed material.

State Duma deputies propose to introduce a tax obliging foreign companies to pay VAT on the sale of all digital content sold in Russia.