In her words, to obtain the benefit can farmers who are engaged in crop farming, livestock farming and provision of services in these areas, fishery, processing of seeds for planting and agricultural activities after the harvest.
in addition, the list includes manufacturers of oils and fats, sugar from sugar beets, dairy products, crude and refined corn oil and its fractions, as well as companies processing and preserving meat, meat products, fruits and vegetables. Also the benefits available to enterprises in fisheries, processing and canning of fish, fishery land reclamation, artificial reproduction and acclimatization of marine and freshwater biological resources.
Victoria Abramchenko said that we are talking about the postponement or installment payment of Federal taxes and insurance premiums. Exemption may be granted for a period of one to three years.
“agriculture in Russia is subject to influence of seasonal factors, and this should be considered to ensure equitable taxation. If earlier some producers could get a denial of tax deferral on formal grounds, it is now all good manufacturers will be able to take advantage of this opportunity”, – said Deputy Prime Minister.
In her opinion, the deferred payment will allow companies experiencing temporary financial difficulties, to maintain fiscal solvency, and to pay taxes already in the season, when there will be income. Interest on the amount outstanding calculated at a rate equal to half the refinancing rate of the Central Bank, in force for the period of deferral or installments.
This measure support is in high demand. According to the Federal tax service (FTS) of Russia, in 2016, a statement on deferred payment of taxes has asked 64 taxpayers in 2017 – 131 the taxpayer for 6 months of 2018 – 132.
In mid-July, the government also provided the agricultural producers the right to delay payments on short-term preferential investment credits for the year. In the first case, small businesses will be entitled to postpone for a year the interest payments on previously issued loans and extend the loan, if it ends in 2020. Issued investment loans will not pay during the year as interest and principal.
