Income tax (Russia)

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The income tax in Russia ( Russian Налог на доходы физических лиц (НДФЛ) , transcription Nalog na dochody fisitscheskich litz (NDFL) literal translation: control physical on the income of individuals ) is charged by natural persons, their income in the area of the Russian Federation to achieve .

Income tax is a fixed percentage of the taxpayer's gross income. Certain expenses are deductible from income tax. The deductibility is based on the law.

Tax rates

The basic tax rate in Russian income tax law is 13 percent of taxable income.

However, some types of income are assessed using different tax rates.

The following are taxed at 35 percent :

  • Prizes, prize money and other pecuniary benefits won in competitions and sweepstakes if their value exceeds RUB 4000 .
  • Certain interest income from capital assets (two exceptions: capital assets are saved up for the purpose of retirement or capital assets are not held with the bank for more than six months in total), see P. 27. Art 217 "Tax-free income": Interest income from ruble bank balances, insofar as they are currently applicable Do not exceed the refinancing rate of the Russian Central Bank plus 5 percentage points, as well as interest income from currency bank balances, provided the annual interest rate does not exceed 9%;

Only the following portion of the contractually agreed interest income from bank deposits is taxed at the maximum tax rate:

  • 1) in the case of ruble deposits - the refinancing rate of the Central Bank of Russia,
  • 2) in the case of deposits in foreign currency - the contractual interest income exceeding the 9% interest rate.

In addition, the 35% tax rate is applied to the interest savings when receiving credit funds:

  • 1) In the case of liabilities in the Russian national currency, the BMGL forms the portion of the contractual interest that is lower than the interest calculated on the basis of the ¾ of the refinancing interest rate of the Russian central bank (at the time the income is realized).
  • 2) In the case of a liability in the foreign currency - the corresponding difference in amount that would result if a fixed rate of 9% per year were applied instead of RZB's refinancing interest .

The following are taxed at 9 percent :

  • Income from participation in corporations, which is collected in the form of dividends .

The tax rate for non-residents of the Russian Federation is 30 percent .

In Russian tax law there is the possibility of prepayment of income tax.

Tax-free income

Some income is tax-free under Russian law. These include a.

  • Social benefits from the state (with the exception of social benefits received during disability)
  • state pensions
  • government subsidies and grants
  • Pensions, material allowances and gifts received from the state by veterans of the Great Patriotic War
  • Sums of money that the taxpayer receives as a bonus from the Russian state for outstanding achievements in the field of science, technology, education, culture, literature or art
  • Material aid from the state (e.g. for relatives of victims of terrorist attacks)
  • Income of individual farms
  • Income generated by hobby hunters
  • Prize money for athletes who have participated in the Olympic Games or other state sports competitions
  • Income from military service, soldiers, sailors and officers, which are spread on the scene
  • Trade unionists' income

Web links

See also