The Ministry of Finance of the Russian Federation emphasized that since 2020, all the intellectual assets identified as a result of the inventory and previously unaccounted for should be reflected in the income of the enterprise.

Thus, from January 1, 2020, income tax has to be paid from such income.

In 2018-2019 there was a grace period so that the business managed to put the accounting systems in order and the identified intellectual property rights objects could not be reflected in the income.

Thus, enterprises have time until the end of the year to reflect all intellectual property in the accounting system.