Invest in Orenburg region

12 new industries will receive income tax incentives

04.11.2020 News

Deputies of the Legislative Assembly of the Orenburg Region have added to the list of taxpayers who will receive an investment deduction from income tax.

Another 12 branches of economic activity will receive support. These are enterprises for the production of medical instruments and equipment, the organization of the spheres of health care, social services, education, culture, sports.

The list also includes promising areas of industry, such as the production of building metal structures and products. - The size of the investment tax deduction can be up to 90% of invested funds, - said the vice-speaker of the regional parliament Alexander Trubnikov. - Since the beginning of this year, the regional law established the right to an investment deduction for agricultural processing, light, footwear industry, manufacturing industries.

In addition, to improve the environmental friendliness of vehicles, equipment was identified, which is also subject to an investment tax deduction. These are the equipment of automobile gas filling compressor stations, vehicles operating on compressed gas.

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