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Stavropol investors will be exempted from property taxes for five years

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According to the press centre of the Ministry of Agriculture of the Stavropol Region, there are tax advantages for the initiators of investment projects with total investment amount of more than 300 mln. Oleg Yurchenko, Deputy Minister of Agriculture of the Region, underlines that the advantage is provided for no more than five years from the property entry into the books as an object of fixed assets.

Such privileges were provided to eight investors from 2014 to 2018. Besides two more investors of crop farming projects (a seed producing plant and a greenhouse complex) will be supported by means of such tax advantages. Thus, the amount of privileges provided up to 2023 will comprise about 1 246 mln roubles.

Source: www.bloknot-stavropol.ru

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