The Russian government has withdrawn amendments on increasing personal income tax for citizens working abroad. On this subject reported RIA News.
“It is necessary to make a number of technical clarifications to the draft law before it is sent to the State Duma,” the press service of the Cabinet of Ministers said.
On April 25, the government submitted a draft law to the State Duma obliging Russian companies to deduct 30% of personal income tax from payments in certain cases to workers who left for foreigner after losing their Russian tax residency. The measure was supposed to affect employees who use the Russian segment of the Internet abroad, or hardware, software and hardware located in Russia.
Later, the Ministry of Finance said that “these changes do not affect employees who work under an employment contract, for them the current tax conditions do not change anything”.
In Russia, the standard rate of personal income tax (PIT) for tax residents of the country is 13%. Citizens who earn 416.7 thousand rubles. per month (5 million rubles per year) must pay 15% personal income tax. Tax increased by 15% affected only 1% of Russian citizens. Dividends from Russian companies are subject to a 15% tax. Personal Income Tax Charges brought 10% of all revenues of the consolidated budget of Russia in 2021 – almost 4.9 trillion out of 48.1 trillion rubles.
The news is added.
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