The draft provides for a five-stage progressive scale of personal income tax. They plan to finally use it this summer, and the changes will go into effect on January 1, 2025.
The State Duma of the Russian Federation has approved in the first reading the amendments to the law introducing the largest tax increase in the history of Russia, writes The Moscow Times.
It is reported that the project provides five stages of progressive scale of personal income tax. They plan to finally use it this summer, and the changes will go into effect on January 1, 2025.
“As a result of the reform, over the next six years, 16.8 trillion rubles will be taken from the population and business – an amount that is a third larger than the total size of the National Welfare Fund (12.75 trillion rubles) and more than three times the liquid but unspent part (5).2 trillion rubles As part of the amendments to the Tax Code, a progressive measure of personal income tax will be introduced in Russia starting next year, which will affect citizens who earn more to 200,000) rubles per month,” the publication said.
It was also noted that more than 11 trillion. the business will pay additional rubles to the budget in the next 6 years. From 2025, the income tax rate in Russia will increase – from 20% to 25%.
Earlier it was reported that Putin gave the order to develop a scheme to increase taxes for Russians.
Source: korrespondent
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