A corresponding benefit is provided in the framework of the resolution of the Russian Government No. 484 dated April 22, 2017 "On approval of rules of assignment of depreciable assets to produced in accordance with the terms of the special investment contract."

According to the document, buyers harvesters TUCANO can get from the manufacturer – plant "KLAAS" in Krasnodar – a Certificate of manufacture of equipment in accordance with the Special investment contract (SPIC). Under the terms of PP.6 paragraph 1, article 259.3 of the Tax code, customers of CLAAS, who received the Certificate will be entitled to apply from 01 January 2018 to the basic depreciation rate a special coefficient, but not higher than 2. This provision will apply to the whole range of TUCANO combine harvesters included in the list produced after 17.06.2016 year – the date of its signing and purchased after January 1, 2017.

"This measure is becoming an added advantage for our clients, as it allows producers to reallocate the tax burden and to recognize depreciation as an expense of the enterprise, much earlier. For example, applying a factor of 2, our customers can speed up 2 times depreciation and write off 2 times faster processor, for example, for 7 years, and 4. Respectively, and the base for the profit tax decreases. All this makes it possible to release additional funds for the development of their business", — said the commercial Director of the plant "KLAAS" Michael Ritter.

About the company:

CLAAS was founded in 1913 as a family business, and she is now one of the world's leading manufacturers of agricultural machinery. The company is headquartered in the Westphalian town of Harsewinkel is the European market leader in combine harvesters.

In Russia the company works since 1992. In 2003 it started production of combine harvesters in Russia. Currently, the plant in Krasnodar produces ten models of combine harvesters and eight models of tractors. In 2015, opened a second plant line.

www.claas.ru