To prevent Tax Suffocation

The tax burden for shoe and chemical industries enterprises will be reduced by decision of the Supreme Council. Peter Pasat presented this initiative. He proposed to halve the amount of tax on the income of organizations for the next three years for members of these sub-sectors. Not all enterprises have benetis. Firstly, the organization should not pay dividends in the years 2015-2017. The second requirement is associated with 100% reinvestment of net profits earned during this period. The third limitation regulates the relationship with contractors, registered in offshore zones: the sum of export and import operations with them can not exceed 5% of the total.

The document was adopted in the first reading in late November. Despite this, the government, citing the lack of their conclusion, insisted on removing the issue from the agenda. Chairman of the parliamentary committee Oleg Vasilaty noted that the law-in-draft is not among those that can not be considered and accepted without official opinion of the executive branch.

Executive director of the Union of Industrialists, Agrarians and Entrepreneurs of Pridnestrovie Vladimir Berkovich unconditionally supporting the initiative, recalled that the footwear industry of the republic - is not only serviceable taxpayer, but a stable employer as well. More than three thousand people are employed in this sphere. The income tax rate for these companies for many years has been much higher than the average for the industry (at this point in two and a half times). It is not necessary to talk about the development of the social and economic importance of the sector in the current environment. Moreover it is too great a risk that the industry is no longer recovered once bent under the tax burden. The situation is similar in the chemical industry. The price of the question - is 14 million rubles. But the loss of important segments of the economy will cost much more.

Realistically assessing the situation, members of parliament adopted the law-in-draft in the second and final reading, despite the protest of the government. The matter depends upon signature of the President.