Novak proposed a compromise on the FIN with an increase in the deduction to 5-6% of investments

The Russian government agrees to revise the size of the federal investment tax deduction (FINV) upward from the current 3% of investments made, but not as radically as business proposes - up to 8-12%, but at least up to 5-6%, said Russian Deputy Prime Minister Alexander Novak, commenting on the proposals of the Russian Union of Industrialists and Entrepreneurs (RSPP) at a meeting of President Vladimir Putin with the Cabinet of Ministers."If you look at the dynamics of the first quarter, we can use this tool, in my opinion, also not to its full extent.