Two bills providing for the introduction of tax benefits for investors, supported the relevant committee of the regional parliament.
The draft law «On the reduction of the tax rate of corporate income tax, payable to the regional budget, for certain categories of organizations» and «On Amendments to Article 2 of the Primorsky Territory» On taxes on business property «in the April 10 meeting discussed the Committee on Budget and Fiscal and financial resources.
Legislative initiatives governor aimed at improving the investment attractiveness of Primorye by establishing a reduced rate of tax on income and property investors, as well as projects in the sphere of entertainments & sports.
rate of income tax, in part paid to the regional budget for such organizations is proposed at a zero rate for the first five years and 5 per cent in the next five years. tax rates on business property tax set at 0 percent — for five years from the time of such assets on the balance of organization and of 0.5 per cent — over the next five years. This involves about a new and (or) purchased for the investment project property.
. to get tax benefits in the creation of new production need to invest at least 150 million over three years, or at least 500 million over five years.
Thus an investment project should be directed to creation of high-performance workplaces and implemented in various economic areas of Primorye. example, in agriculture, fishing, mining and manufacturing industries, chemical manufacturing, services.
As the developers of bills, their adoption will partially replace the budget investments — private. According to the deputy Gennady Lazarev, to attract businesses to create clear and attractive. «We see that after the summit, the economic boom in the Maritime region is observed, in fact a number of industries are recession, so it is very important to create a conditions so that entrepreneurs — for small business to be beneficial to develop their production. Investors will come only when we have clear rules of the game. Governor presented the bills to be taken just to the rules set » , — Said the deputy.
As chairman of the committee Calouste Ahoyan, most members supported the concept of the bill and decided to submit it for the next meeting of the regional Parliament for the first reading. «Now the State Duma draft amendment to the Tax Code, which will determine the rates, terms and criteria for benefits for investors, implementing projects in the Far East and Trans-Baikal region, Buryatia, Irkutsk region. After the adoption of the federal law, we will continue to work on boundary laws » , — Said Galust Ahoyan.