Concession related to “Formula” race extended

ECONOMY06.11.2026
Concession related to “Formula” race extended

The deadline for tax concessions related to “Formula-1” and “Formula-2” races is extended by 3 years.

elchi reports that the issue is reflected in the draft amendments to the Tax Code.

The draft also notes that the VAT exemption period for the import and sale of second and third-level electric energy chargers for electric motor vehicles will be extended by 3 years.

In addition, it is proposed to extend for 2 years the exemption from road tax for combined rail-road transit transportation carried out by foreign trucks, trailers, and semi-trailers.