The Ministry of Finance revealed the reasons for abandoning the idea to increase personal income tax for departed Russians up to 30%

The Ministry of Finance revealed the reasons for abandoning the idea to increase personal income tax for departed Russians up to 30%

This material (information) was produced, distributed and (or) sent by a foreign agent of RS-Balt JSC or relates to the activities of a foreign agent of RS-Balt JSC. 18+

The authorities abandoned the idea of ​​raising personal income tax for Russians who left from 13-15% to 30%, because otherwise the budget could lose both tax revenues and insurance premiums. This, according to RBC, was told by Deputy Finance Minister Alexei Sazanov.

He explained that currently remote workers pay “insurance contributions here and personal income tax” – if the labor contract is properly executed. Thus, if a 30% rate is introduced, then companies for which individuals work can create branches abroad and employ individuals there. As a result, the Russian budget will miss not only income from personal income tax, but also insurance premiums.

“In order to avoid such an overflow of labor, we proposed a single rate for both residents and non-residents,” Sazanov said.

Recall that the latest version of the draft law on personal income tax for those who left, submitted to the State Duma, assumes that a tax at a rate of 13% is levied on the income of those Russians who, after leaving abroad, have lost their tax residency, but at the same time remain a full-time employee in remote work or a freelancer with Russian customers.

Later, in April, another version of the bill was submitted to the Duma. According to the document, for freelancers who went abroad and switched to non-resident status, a 30 percent personal income tax would be introduced. Those working under an employment contract would not be affected by the innovation. However, the project was cancelled.

Source: Rosbalt

You may also like

Immediate Access Pro