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

  • Road repairs will revamp the ring road around St Petersburg
    April 19, 2012
    Repair work is now planned on the first section of the St Petersburg ring road. The work will be carried out from Gorskaya to Primorskoe in 2013. Design work is underway at present. The 24km road will be widened to six lanes and the road structure will be revamped. The repair will end in 2015 and will cost some US$373 million. Work on the interchange in Bronka will commence in 2013 as well.
    Read More
  • New strategies will help boost road safety worldwide
    November 4, 2013
    *Martin Heath, the Chair of the IRF Group of Experts working group on Engineering Measures for Infrastructure Safety, examines the expected impacts of the new ISO 39001 The excitement and enthusiasm generated by the 2011 launch of the Decade of Action for Road Safety is gradually receding amidst the gloom of an interminably slow global economic recovery. However, a fresh and challenging impetus is about to be given to international road safety management following the publication of a new quality management
    Read More
  • Wacker Neuson reports strong performance for second quarter
    August 8, 2017
    Compact machine specialist Wacker Neuson says that its financial results show a strong second quarter for 2017 as well as an improved outlook for 2017 as a whole. The firm says that profitability improved and has now raised its revenue forecast for the current fiscal year. The Wacker Neuson Group reported record revenue of €425.2 million for the second quarter of 2017, compared with €381.4 million for the same period in 2016. At €46.7 million, profit before interest and tax (EBIT) jumped a healthy 41 % comp
    Read More
  • Switzerland to more than double road tax to tackle congestion
    March 16, 2012
    The cost of the Swiss road tax vignette will more than double to US$106.50 per year from just over $40 at present. With the extra money raised, the Swiss Federal Council wants to tackle congestion on the roads throughout the country and also extend the road network.
    Read More

Highlighted Content