Features of the Legal Status of IT Companies in Tax Relations

Abstract

The importance of IT companies for the breakthrough development of the digital economy in the Russian Federation has led to major changes in taxation, tax control and tax administration in the high-tech industry. The features of the tax and legal status of IT companies are revealed, which consist in an extended preferential regime and the non-use of a restraining mechanism (permission to split a business). The proposal to supplement the tax and legal status of IT companies with the right not to keep separate records for the purpose of profit taxation is argued. The positive economic effect for the budgetary system from the establishment in the Tax Code of the Russian Federation of threshold values for shares from various types of activities of IT companies, the achievement of which gives the right to preferential taxation, is substantiated. A different scope of rights in the tax-legal status of IT companies – residents and non-residents is revealed, which is due to the unreasonable sanctions regime of unfriendly countries against Russia. A proposal has been formulated to grant a special tax status in terms of providing tax benefits and benefits on insurance premiums, as well as a simplified procedure for registering digital products, to IT companies and specialists from countries of friendly jurisdictions.