Changes are made to an order of coordination and making decision on granting the investment tax credit in the Republic of Tatarstan"

The resolution of the Cabinet of Ministers of the Republic of Tatarstan of 14.08.2015 No. 592 made the changes in the Order of coordination and making decision on granting the investment tax credit in the Republic of Tatarstan approved by the resolution of the Cabinet of Ministers of the Republic of Tatarstan of 06.09.2013 No. 642 concerning a procedure of control over the implementation of terms of the contract when granting the investment tax credit.

The investment tax credit is a delay of payments on taxes with the subsequent stage-by-stage payment of the credit and the added percent for the sum determined proceeding from the made  investments and volumes of the taxes paid by the organization.

Starting positions on regulation of the relations on the investment tax credit are fixed in the Tax code of the Russian Federation and No. 68-ZRT "About the investment tax credit in the Republic of Tatarstan" gained the development in the Law of the Republic of Tatarstan of 10.10.2011.

For consideration of a question of granting the investment tax credit it is necessary to submit the request prepared according to requirements of the resolution of the Cabinet of Ministers of the Republic of Tatarstan of 06.09.2013 No. 642 "About the statement of the Order of coordination and making decision on granting the investment tax credit in the Republic of Tatarstan" to the Ministry of Economics of the Republic of Tatarstan.