Nizhny Novgorod Stadium exempt from taxes

Nizhny Novgorod authorities released the arena from property tax during the World Cup 2018
21 February

The Nizhny Novgorod region Legislative Assembly approved the granting of privileges on property tax to the facilities built for the 2018 FIFA World Cup Russia™.

Regional authorities decided that the Nizhny Novgorod Stadium, as well as two training grounds, will be exempted from property taxes during the World Championship.

As the Legislative Assembly Chairman Evgeny Lebedev noted, the law will be applied to facilities from January 1, 2017 to December 31, 2018. "Hereafter sport facilities built for the World Cup will become a good basis for preparing Nizhny Novgorod sports teams to participate in major Russian championships and international competitions," said Lebedev.