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Latest News - #Taxes

EP faction supported a return to a differentiation of income tax

In the Duma faction "United Russia" I consider it expedient to return to the differentiation of income tax, increasing it for the upper class citizens, and decreasing for the poor, this EP does not support the establishment of a "transcendent values" of the tax to the rich, said RIA Novosti first Deputy head of the Duma faction EP Andrey Isaev.

Earlier Forbes wrote that the Russian government is discussing the possibility of introducing a progressive tax rate. Among the possible options – increasing the personal income tax rate from 13 to 15 percent for wealthy individuals whose annual income exceeds 2-3 million rubles.