Encyclopedia
Tax base for repo transactions
The tax base for repo operations is determined as the income in the form of interest on loans received during the tax period from a group of repo operations, reduced by the amount of expenses in the form of interest on loans paid during the tax period from a group of repo operations (ceased to be effective as of 2019-05-01)1.
Tax Code of the Russian Federation, as amended on 2019-01-01, Article 214-3, paragraph 6, ceased to be effective as of 2019-05-01 // Official Gazette of the Russian Federation. 2000. No. 32. Art. 3340. ↩