Legal encyclopedia. Letter P

PROCEDURE AND CONDITIONS OF PROVIDING INVESTMENT TAX CREDIT

An organization that is a taxpayer of the relevant tax may be granted an investment loan if there is at least one of the following grounds:

1) if this organization carries out research or development work or technical re-equipment of its own production, including those aimed at protecting the environment from pollution by industrial waste or creating jobs for the disabled;

2) if this organization carries out innovative or innovative activities, the creation of new or improvement of the technologies used by it, the creation of new types of materials or raw materials;

3) if this organization performs especially important orders for the provision of special

Important services to the public or

Socio-economic development of the region.

Investment tax credit is granted:

1) on the grounds that this organization carries out research or development or technical re-equipment of its own production, including those aimed at protecting the environment from pollution by industrial waste or creating jobs for people with disabilities - for a loan amount of 30% of the cost Purchased by an interested organization of equipment used exclusively for the aforementioned purposes;

2) on the basis of the organization's implementation of innovative or innovative activities, the creation of new or improved technologies, the creation of new types of materials or raw materials, the fulfillment by this organization of particularly important orders for the provision of especially important services to the population or the social and economic development of the region for loan amounts , Determined by agreement between the authorized body and

Interested organization.

The interested organization must document all grounds for obtaining an investment tax credit.

The investment tax credit is granted on the basis of the organization's application and is formalized by a contract of the established form between the relevant authorized body and this organization.

In an application for an investment tax credit, it is necessary to indicate which documents confirm the grounds for granting this loan, the amount of tax, for the change in the period of payment of which the organizations claim, and the term of such change. Information on property that can be transferred as collateral for securing a loan repayment, or possible guarantors is indicated.

The executive body,

Making a decision on granting the appropriate tax credit, the form of the agreement on investment tax credit is established.

The organization can conclude one or several contracts on an investment tax credit.

The authorized body makes a decision to grant the organization an investment tax credit from the date of receipt of the application within one month. If an organization has one or more agreements on the relevant tax credit, this can not be an obstacle to the conclusion of another agreement on an investment tax credit with this organization on other grounds.

The agreement on the investment tax credit should provide for the following essential conditions: conditions for granting an investment tax credit (the sale or transfer to possession, use or disposal of equipment or other property for others is not allowed during its validity); The procedure for reducing tax payments; The amount of the loan (indicating the tax on which the organization was granted an investment tax credit); Interest accrued on the loan amount; The procedure for repayment of the loan amount and accrued interest; Documents on property, which is the subject of a pledge, or surety; Responsibility of the parties; contract time.

The amount of tax, the payment term of which was transferred due to the investment tax credit, accrued interest.

The interest rate is determined by the agreement on the investment tax credit, but not less than one second and more than three fourths of the refinancing rate of the Central Bank of the Russian Federation.

The organization shall submit a copy of the contract to the tax authority at the place of its registration within five days from the date of the contract conclusion.

Accepted representative bodies of local self-government of the subject of the Russian Federation and regulatory legal acts on regional and local taxes may establish other grounds and conditions for granting an investment tax credit, including the duration of the investment tax credit and the interest rate for the loan amount.