A foreign state or its administrative territorial unit is recognized as a state with preferential taxation if in such a state or an administrative territorial unit the income tax rate is less than 10 percent or in such a state or an administrative territorial unit there are laws on the confidentiality of financial information or laws, allowing to keep a secret about the actual owner of property, income or actual owners, participants, founders, shareholders of Jurassic cally face (companies).

The list of states with preferential taxation is approved by the authorized body.