New tax incentive for freight carriers introduced in the Nizhny Novgorod region

On November 28, the Legislative Assembly of the Nizhny Novgorod Region adopted in two readings amendments to the law “On Transport Tax”. This was reported by the press service of the regional parliament.
“The draft law is aimed at providing state support to freight carriers, including those engaged in international transportation. The document establishes a new tax exemption on transport tax for organizations and individual entrepreneurs who own heavy trucks used for long-distance intercity and international transportation, ”the press service of the chairman of the budget and tax committee of the Legislative Assembly, Alexander Sharonov, quotes.

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