Hot Press News
- Sennheiser unveils the latest generation flagship earbuds with the launch of MOMENTUM True Wireless 4 in India
- University of Sunderland Delegation Visits Kings Cornerstone International College to Meet Future Transfer Students
- Paintings by Maud Lewis Lead The Way in Miller & Miller's Successful Online Auction Held April 13th
- GD Goenka University Inaugurates State-Of-The-Art Health & Wellness Centre In Association With Park Hospital
- Betachon Freight Auditing Announces Exclusive Discount Ocean Freight Rates with DHL International Shipping
- Nourhan Rabah Bureau Redefines Urban Living in Dubai
- TiDB by PingCAP Leads Data Management Revolution at Great International Developer Summit 2024
- University of Birmingham Dubai invites applications for MSc Computer Science
- MindCypress Unveils Enhanced Advanced Digital Marketing Course with AI and ChatGPT Integration
- Launch of the book- A Monk with a Merc by Dr Gauravv Mittal Adit Mittal
- Elios 3 Drone Payload for UTM Introduced by Flyability and Cygnus
- Exterior Plas Marks 36 Years as Industry Leader in Windows, Doors and Glazing
- CD Bioparticles Announces Versatile Basic Agarose Particles for Efficient Biomolecule Separation
- Radisson Hotel Group strengthens its footprint in Delhi with the signing of Svelte Delhi
- Zee Business guides Investors to Navigate the Market with Confidence this Election Season
 Mail to a Friend |
|
 Rate |
   |
Tenants Of SEZ Technopolis Moscow Replenished The Budget By Almost Four Billion Rubles In 2021
2024-04-17 06:33:37
Business
751
In the first nine months of 2021, residents of the SEZ Technopolis Moscow increased tax payments to the budgets of all levels by almost 40%, said Vladimir Efimov, Vice-Mayor of Moscow for Economic policy and Land-property affairs.
?Tenants of the Moscow special economic zone for the first three quarters of 2021 paid taxes in the amount of over 3.9 billion rubles, which is 38.7 percent more than in the same period last year, and 23.8 percent more than in the first nine months of 2019. The total volume of tax payments by tenants for the entire period of work in the Moscow SEZ has exceeded 15.6 billion rubles,? said the Deputy Mayor.
In the structure of tax benefits received, the amount of which exceeded 407 million rubles in 9 months of 2021, more than 95 percent were tax benefits to the capital's budget. In total, tenants have saved more than 3.4 billion rubles during their work due to tax preferences in the special economic zone of Moscow.
?For every ruble of tax benefits provided in the Moscow SEZ for the first 9 months of 2021, there were about 53 rubles of investment,? said Alexander Prokhorov, Head of the Department for Investment and Industrial policy of Moscow.
A wide range of preferences attracts investors to work on the territory of the Moscow special economic zone. Receiving substantial support for projects in the form of exemption from taxes on land, property, transport, due to a tenfold reduction in income tax, companies invest in the production of high-tech products, developing the city's economy. According to the CEO of SEZ Technopolis Moscow Gennady Degtev, in addition to tax benefits, tenants have access to customs preferences and preferential land lease, and also have the opportunity to buy out the leased plot for 1 percent of the cadastral value after the facility is put into operation.
Company :-Complex of Economic Policy of the City of Moscow
User :- Diana Issa
Email :-diana.issa@nwadvisors.com
Url :- http://technomoscow.com/article/2021-02-12
