Vedomosti: Russia has begun to work on increasing personal income tax and new benefits

2024-03-05T09:16:59.854Z

Highlights: Vedomosti: Russia has begun to work on increasing personal income tax and new benefits. Russian President Vladimir Putin previously asked the State Duma and the government to present a set of proposals for modernizing the tax system in the near future. For citizens with higher incomes the rate is 15%. In addition, the government is considering introducing tax breaks for citizens with lower incomes. Benefits may also be provided to companies on income tax. The authorities intend to raise personal incomeTax rates, but the newspaper’s interlocutors do not provide specific figures.

The Russian government has begun to consider the issue of increasing the personal income tax (NDFL), as well as introducing new tax benefits, the Vedomosti newspaper writes, citing sources.