Lukashenka offers tax breaks to carmakers
Alyaksandr
Lukashenka, by his April 4 presidential edict, granted tax exemptions to car
manufacturers, said the Belarusian leader’s press office.
Automakers
will be exempted for a period of three years from profit and excise taxes and
payments into the government’s agriculture support fund, the press office said.
Welding,
painting and body assembly operations also will be exempted from the import
duty and value-added tax on the components and the requisite equipment for the
work for the 10 years.
Only one
plant assembles cars in
