Additional support will be provided to companies in the mining sector on the territory of Kamchatsky Krai. From next year, companies which implement new investment projects will be able to claim tax relief on property. The relevant law was adopted at the regular session of the Legislative Assembly of the territory.
In accordance with new law, starting next year, companies implementing investment projects in the region, in addition to Federal preferences companies will started to receive regional tax incentives for newly introduced property. During the first year after production of the assets on the balance tax rate will be zero, and the next three years – from 0.6 to 1.5 %.
The head of the region noted that before reaching a bill for the session, it was discussed with the companies operating in the industry.
“They are interested in receiving benefits and preferences and ready to implement new investment projects, - said Vladimir Ilyukhin. For us the development of this sector is very important. All measures for the support of investors, additional tax incentives designed to attract investment in the region, to enable the development of production, especially in the Northern regions of Kamchatka. Reducing the tax burden today, we lose a part of the revenue base, but later we will get significantly greater gains in terms of taxes, and create new jobs. This is a kind of deferred payment”.
Now, three major projects in the field of mining industry in the region implemented : “ Gold Kamchatka” and “Sigma”. Investment in projects for the next few years will exceed 10 billion rubles. The development of new deposits and the construction of mining and processing plants will allow two years later in the 4-fold increase in the gold production of the region – from 2.5 to 10 tones.
According to the materials http://www.kamchatka.gov.ru/
Additional support will be provided to companies in the mining sector on the territory of Kamchatsky Krai. From next year, companies which implement new investment projects will be able to claim tax relief on property. The relevant law was adopted at the regular session of the Legislative Assembly of the territory.
In accordance with new law, starting next year, companies implementing investment projects in the region, in addition to Federal preferences companies will started to receive regional tax incentives for newly introduced property. During the first year after production of the assets on the balance tax rate will be zero, and the next three years – from 0.6 to 1.5 %.
The head of the region noted that before reaching a bill for the session, it was discussed with the companies operating in the industry.
“They are interested in receiving benefits and preferences and ready to implement new investment projects, - said Vladimir Ilyukhin. For us the development of this sector is very important. All measures for the support of investors, additional tax incentives designed to attract investment in the region, to enable the development of production, especially in the Northern regions of Kamchatka. Reducing the tax burden today, we lose a part of the revenue base, but later we will get significantly greater gains in terms of taxes, and create new jobs. This is a kind of deferred payment”.
Now, three major projects in the field of mining industry in the region implemented : “ Gold Kamchatka” and “Sigma”. Investment in projects for the next few years will exceed 10 billion rubles. The development of new deposits and the construction of mining and processing plants will allow two years later in the 4-fold increase in the gold production of the region – from 2.5 to 10 tones.
According to the materials http://www.kamchatka.gov.ru/
