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Special tax regimes will be launched in the Far East
Prime Minister Dmitry Medvedev said at a cabinet meeting on reviewing the main directions of tax and customs tariff policies for 2015-2017 years that special tax regimes would be launched in the Far East within the framework of priority development areas.
The new conditions, according to Medvedev, should help in attracting investments, Rossiyskaya Gazeta reports.
Plans for the creation of priority development areas were announced in April 2014, when the Ministry of Eastern Development submitted a draft law to the Government. At this stage, the territory is planned to be tied to large cities. The number has not yet been determined; at the first stage, 23 prospective sites were selected, on which preferences for business development will operate.