Establishment of a reduced tax rate for income tax in accordance with the Law of the Saratov region «On investment tax deduction»

Terms of support

An investor company may receive a deduction if the share of income is at least 70 percent from the implementation of one or more of the following economic activities defined by RC 029-2014 (Ed.2) «All-Russian classifier of types of economic activity», approved by the Order of Rosstandart from 31.01.2014 № 14-St: 01 Crop and livestock production, hunting and related services in these areas; 03 Fishing and fish farming; 21 Production of medicines and materials used for medical purposes; 26 manufacture of computers, electronic and optical products 27 Manufacture of electrical equipment; 28 Production of machinery and equipment not included in other groupings; 29 Manufacture of motor vehicles, trailers and semi-trailers; 30 Manufacture of other vehicles and equipment; 31 Manufacture of furniture; 32 Production of other finished products.

Support restrictions

To use the investment tax deduction: The taxpayer implements an investment project related to the implementation of capital investments in fixed assets located on the territory of the region; the taxpayer has concluded an investment agreement or agreement on public-private partnership or concession agreement with the authorized Executive body of the regional government; the taxpayer does not use the corporate profit tax rate established by part 1 of article 1 of the Law of the Saratov region of August 1, 2007 N 131-SRL «On corporate profit tax rates for investors engaged in investment activities on the territory of the Saratov region»; the share of taxpayer's income is not less than 70 percent from the implementation of one or more types of economic activity.