Russia has published Federal Law No. 166-FZ of 18 July 2017 in the Official Gazette, which introduces certain changes in relation to intellectual property rights and R&D activity. The first change provided in the law is the addition of the following to Article 251 (income not included when determining the taxation base) of the Tax Code: property rights resulting from intellectual activity that are identified in the course of the taxpayer's inventory of property and property rights during…