The Cabinet of Ministers approved tax incentives in the ship repair sector

The draft federal law “On Amendments to Part Two of the Tax Code of the Russian Federation” will be submitted to the State Duma for consideration in the prescribed manner. The purpose of the amendments is to support ship repair enterprises in terms of their development and modernization of production capacities. To do this, companies will be able to apply tax deductions for value added tax (VAT) at the time of acceptance of goods (works, services) for accounting.


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