The company ‘Stavropol Auto’ will receive a preferential tax regime for the construction of a car plant worth 12.6 billion rubles, this decision was made by a Coordinating Council for the Development of Investment and Competition, the press service of the regional Department of Energy, Industry and Communications reported.
"The company will enter into an investment agreement with the Government of the Stavropol Territory on construction of a car plant with a capacity of 100 thousand cars per year. According to the terms, the company will be exempt from property tax and income tax for them will be reduced by 4.5% during next five years, the report reads.
