The Cabinet has allocated 30,6 billion rubles for the improvement of tax potential of regions

ECONOMY

MOSCOW, August 4. /Basereporter.com/. The Russian government has allocated 30,6 billion rubles of subsidies to the regions to promote growth of the tax potential for the tax on profit of organizations. The corresponding document was published on Saturday on the website of the Cabinet.

“The draft resolution provides for the allocation of funds in the amount of 30.6 billion rubles. This will encourage the subjects of the Federation, to ensure the maximum growth of tax revenues from the tax on profit of organizations to the Federal budget by the end of 2017”, – the document says.

It is noted that this approach allows the creation of financial incentives to increase the regions ‘ own economic and tax potential.

In addition, the government has decided to allocate 5 billion rubles of compensation for the purchase of petrol, oil and lubricants (POL) the farmers due to the growth of their prices.

Also, the government has sent 2.1 billion to Finance part of the cost in implementation projects, production of passenger cars.

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