The ministry held a meeting to explain the procedure and conditions for the provision of investment tax credit

This week in the Ministry of Economy of the Republic of Tatarstan, the designated competent authority to take a decision on granting investment tax credit in the Republic of Tatarstan, held a meeting on explaining the procedure and conditions for granting such loans. The meeting was attended by representatives of interested companies of the country. Recall that according to the Law of the Republic of Tatarstan from 10.10.2011 № 68 -LRT "On the investment tax credit in the Republic of Tatarstan " (link ) the investment tax credit in the Republic of Tatarstan may be granted an organization engaged in economic activities in the territory of the Republic of Tatarstan, on a number of grounds , including the implementation of innovation, modernization and reconstruction of existing facilities and construction of new ones. The investment tax credit is available for the following taxes: - Corporate profits in part , be credited to the budget of the Republic of Tatarstan - property tax - vehicle tax .