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Monday, April 6, 2009
Belarus is offering tax breaks to car companies willing to set up assembly plants in the ex-Soviet state and hopes ultimately to create a national automaking plant, a senior government official said on Monday.
Igor Rogozin, a senior economy minister official, told reporters a decree issued by President Alexander Lukashenko would exempt any company starting up a plant from all income and excise taxes for three years.
"This long-awaited decree has been signed and will allow us to create new production capacity for cars in our country," Rogozin told a news conference.
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