Hello! Could you please correct small part of my future article please (if necessary)? If we talk about the advantage of US law, we can see progress not only in the field of space law, but also in the field of tax law in the field of space activity. State law allows companies to choose the most optimal jurisdiction that meets their requirements and interests. Also, various acts give us an incredible number of definitions and concepts of space activities, including those contained in tax legislation. Such clear regulation allows companies to be more confident in the application of lower tax rates, as well as in applying exemption regimes.

Hi! Could you please check this text for English article? As for the advantages of Russian regulation over the US, this is the federal regulation of taxation, which prevents the companies from moving from subject to subject. Also, Russian legislation does not so clearly and deeply reflect the concepts of space activities, space companies, definitions of a narrower nature for tax purposes. However, this gives freedom to start-up companies to apply a 0% VAT rate. If we talk about the advantage of US law, we can see progress not only in the field of space law, but also in the field of tax law in the field of space activity. State law allows companies to choose the most optimal jurisdiction that meets their requirements and interests. Also, various acts give us an incredible number of definitions and concepts of space activities, including those contained in tax legislation. Such clear regulation allows companies to be more confident in the application of lower tax rates, as well as in applying exemption regimes. I would like to note that both in Russian and in American legislation has its own advantages and disadvantages. If countries exchange such information, this may lead to more progressive regulation of taxation in such an important and progressive industry as space activities.