GROWTH OF SALARIES IN EXCHANGE FOR STATE SUPPORT. THE TAX RATE FOR INCOME FOR THE SEWING INDUSTRY CAN BE LOWERED BY 25%

01/22/19 20:14

GROWTH OF SALARIES IN EXCHANGE FOR STATE SUPPORT. THE TAX RATE FOR INCOME FOR THE SEWING INDUSTRY CAN BE LOWERED BY 25%

The conditions are to increase the wage fund at least 10% and to reach 30% (or more) portion of the fund in the structure of expenses.

Tiraspol, January, 22. /Novosti Pridnestrovya/. In a study of the Prime Minister spoke about measures of support of the sewing industry. Earlier heads of the enterprises designated a problem with preservation of qualified personnel on productions. 


The Ministry of Economic Development prepared the normative legal act of the Government aimed at preservation of workers of sewing production. 

«It is about a decrease on a quarter of a tax rate for income for the industry. Indispensable conditions are to increase the wage fund at least 10% and to reach 30% (or more) portion of the fund in the structure of expenses. At such approach the budget will not lose in tax assignments», - the Press Service of the Government quotes Sergey Obolonik's words. 
 

They spoke also about other measures which will allow supporting sewing productions. In particular, they discussed the enterprises using raw materials supplied by the customer. Today at taxation on revenues of the industrial enterprises working according to this scheme the raising coefficient at a rate of 1.7 is applied. In the Government together with the Union of Industrialists, Landowners and Businessmen of Pridnestrovie will prepare the calculations assuming a decrease in coefficient to 1.05. 

Both approaches will be analysed and at the next meeting with representatives of Union of Industrialists, Landowners and Businessmen of Pridnestrovie will be defined what of options will be optimum both for the state and for business. 

 

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