Ministry wants taxes slashed for transport companies

13/04/2021 11:02 6

Ministry wants taxes slashed for transport companies

The Ministry of Transport has recommended that the government should reduce taxes and fees for transport operators struggling due to the Covid-19 pandemic. -

It wants the 30 percent cut in road maintenance fee, in place until June 30, to continue through 2021, scrap added-value tax, offer a 50 percent rebate on income tax, and allow operators’ vehicles free entry into airports and railroad stations to pick up passengers.

The passenger transport industry reported a 29.6 percent decline in 2020 due to the pandemic, according to the General Statistics Office. The aviation sector was the hardest hit, with the number of passengers plummeting by 43 percent to 66 million and cargo transport by 15 percent to 1.3 million tons.

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