News

23 April 2018, 19:08

Business

LPR considers industry tax holidays and credits for businesses - Pasechnik

LUGANSK, April 23 (Lugansk Media Centre) – LPR authorities consider tax holidays for industrial enterprises and credit system for businesses, said LPR acting head Leonid Pasechnik.

"I think it is wrong to put enterprises under tax burden if we want them to develop. That is why tax holidays will be applied."

"The Council of Ministers and LPR head Administration lawyers consider this issue, there will definitely be tax holidays. A draft law on credits has been prepared; we shall coordinate it and discuss a two-level bank system to launch credits, which will help both large enterprises and small and medium businesses," he said.

LPR residents have a chance to participate in the development of the program for the republics social and economic development until 2023, said LPR acting head Leonid Pasechnik earlier at a meeting of the Republican Council of the Mir Luganschine social movement.

LuganskMediaCentre — 23 April — Lugansk