Russian President Vladimir Putin has signed a law according to which the term of disposal of shares under a loan agreement with a broker or repo will now be included in the total term of ownership of the paper in order to receive benefits for paying personal income tax on long-term ownership. In addition, when selling securities of companies from the high-tech sector, the zero personal income tax rate will be applied provided that the securities belonged to this category on the date of sale and within 365 days before it, and not the entire period of ownership, as it was previously.