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International Carriers will get their Tax Benefits Back

Low interest rates on transport tax will come into force starting from 2015.

31.Oct.14 3:30 PM
By Anna Repina


International Carriers will get their Tax Benefits Back
Members of Legislative Assembly in Nizhny Novgorod region have approved of new low which is aimed on providing additional tax benefits to Nizhny Novgorod international carriers which are specialized in transporting goods to CIS countries.

Such methods help to stimulate subjects of small and medium business. They have already been used in Nizhny Novgorod region. However they have been cancelled after changes in particular laws and legislations. That is why all transporting enterprises were left without tax benefits.

New law that has already been accepted by the Members of Legislative Assembly returns a huge tax discount for all enterprises and organizations which deal with international transportation and traffic. The discount is up to 50%. It will come into force starting from the 1st of January 2015.

The main aim of this law is to make the interest rate as low as possible. This will make international carriers form Nizhny Novgorod region to become more compatible and proceed with transporting to CIS countries at the lowest interest rate with huge tax benefits.

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