An investment project assessment tool developed by the Development Corporation «InvestBot» has been updated with a new feature. A calculator of tax preferences is now available to users. This solution allows potential and existing investors to estimate in advance the amount of tax benefits they can claim.
The calculator is designed for automated calculation of benefits in the process of including a project in the List of priority investment projects of the Republic of Bashkortostan, obtaining investor status as a resident of a special economic zone or a territory of advanced development. The new functionality makes the assessment of the investment attractiveness of the region even more open, technological and convenient, said Nail Gabbasov, General Director of the Development Corporation of the Republic of Bashkortostan.
To make calculations, the user must select the desired preferential treatment and enter the project parameters: planned investments, the value of the real estate being created, and the expected taxable profit by year. Based on this data, the system instantly calculates potential savings on income tax and corporate property tax.
Thanks to the calculator, an investor can calculate tax preferences without independently studying a number of regulatory legal acts. In addition, the virtual assistant can tell you in detail about the chosen preferential treatment and the procedure for obtaining benefits.
Earlier, the Development Corporation launched “Investment Bot” is a free tool for professional financial analysis of investment projects without involving consulting companies and financial modeling specialists. He forms a conclusion about the expediency of implementing the initiative with the help of artificial intelligence. To date, “Investbot” has been used by more than 50 entrepreneurs.
You can take advantage of all the features of the “Investbot” by the link.