Russia
Taxation in Russia
Recent forum posts
-
Black Magic Spells +27656359430 Curse or Bad luck removal & Voodoo Revenge Death Spells in Sydney Canberra South Australia CANADA
Black Magic Spells +27656359430 Curse or Bad luck removal & Voodoo Revenge Death Spells in Sydney Canberra New South Wales Queensland South Australia Tasmania Victoria Perth Australia CANADA IRELAND LEBANON LITHUANIA Liverpool +27656359430 @ I Want my ex to die, spells to kill my ex husband, wife, boyfriend, girlfriend, Death spell on someone, death spells that work overnight, voo
Total Posts: 1 Last post by drmamathandiwe22
-
SaMe DAy PerManEnt DeAth Spell CaSteR !! +27656359430 !! NORTH CAROLINA NO.1 BRING LOST LOVER IN LOS ANGELES ,CHICAGO ,HOUSTON, PHILADELPHIA , MIAMI, ATLANTA, PHOENIX, BOSTON, DALLAS, AUSTIN,
SaMe DAy PerManEnt DeAth Spell CaSteR !! +27656359430 !! NORTH CAROLINA NO.1 BRING LOST LOVER IN LOS ANGELES ,CHICAGO ,HOUSTON, PHILADELPHIA , MIAMI, ATLANTA, PHOENIX, BOSTON, DALLAS, AUSTIN, NEW YORK. +27656359430 drmama Thandiwe is a Voodoo -witchcraft spell caster who has witchcraft spells to help you with any situation or problems. My witchcraft spells can help you if you are fe
Total Posts: 1 Last post by drmamathandiwe22
Taxation in Russia
Income Tax
In Russia there is a simpler tax code system that was created to reduce the tax burden on people, which also dramatically increased state revenue. There is a flat personal income tax rate of 13%.Individuals are liable for tax on income as employees, and income in self-employment. Tax is payable on income earned in Russia and overseas by individuals who meet the test of permanent residency in Russia. Foreign residents only pay tax on income earned in Russia. To be considered a Russian resident, you need to be in Russia for at least 183 days during any given tax year.
Value Added Tax (VAT)
VAT is applied at a standard rate of 18%. A preferential VAT rate of 10% is applied to:
- medical goods
- books and periodicals
- food products
- children’s garments
There is an import VAT exemption for ‘technological equipment that has no equivalent produced in Russia’ according to a government approved list. The listed equipment generally also qualifies for a 0% rate of customs import duty.
Corporate Taxes
Profits are taxed at a maximum of 20% on net income.
Payments by employers to the Russian Pension Fund, Social Insurance Fund and Medical Insurance Funds amount to 30% of total payroll.
Income Tax
Personal income tax is paid at a flat rate of 13%. You are considered a Russian tax resident if you live in Russia for over half a year in 12 consecutive months.
Non-residents are also subject to personal income taxation on Russia generated income.