Transport firms against increase of tax on trucks in St Petersburg, Russia

St. Petersburg's transport companies are opposing the increase of transport tax on over 187 kW capacity trucks. They say that tax rate increase, together with other fiscal measures, will render them profitless. As a result, they may adopt shadow business practices, decrease the number of local drivers in favour of cheaper foreign labour force, and transfer their business to a new jurisdiction.
September 19, 2012 Read time: 1 min
St. Petersburg's transport companies are opposing the increase of transport tax on over 187 kW capacity trucks.

They say that tax rate increase, together with other fiscal measures, will render them profitless. As a result, they may adopt shadow business practices, decrease the number of local drivers in favour of cheaper foreign labour force, and transfer their business to a new jurisdiction.

Related Content

  • Debating infrastructure funding solutions
    March 21, 2012
    With funding of road, bridge, tunnel and highway infrastructure a topic of debate in many developed and developing nations at present, different solutions are in the frame for discussion. Funding highway construction and maintenance through taxation is falling out of favour in many countries, simply because the costs of meeting transport infrastructure needs are so vast.
    Read More
  • Innovation abounds at the smaller end of the compaction equipment sector
    August 22, 2013
    New machines are now being offered at the compact end of the asphalt compaction market - Mike Woof reports Manufacturers have developed an array of new machines and solutions for the compact end of the asphalt compactor market segment. These units have been designed to meet the latest regulations for Europe and the US, with low emission engines that are also more economical on fuel. But as these machines are made in large volumes, the market for smaller asphalt compactors sees fierce rivalry between fi
    Read More
  • Food price increases are resulting from biofuel targets?
    August 31, 2012
    Critics of Europe’s push towards biofuels are pointing out that the strategy is boosting the cost of foodstuffs around the world. The combination of drought and high grain prices are fuelling a growing clamour within Europe that is criticising the policy on boosting biofuel use.
    Read More
  • German firms relying on exports, according to VDMA
    March 12, 2025
    Orders from abroad shore up German machinery and equipment manufacturing sector, says VDMA
    Read More

Highlighted Content