HomeWorldIn the Russian Federation,...

In the Russian Federation, the largest tax increase was approved in the first reading

Photo: Press service of the State Duma of the Russian Federation

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.

The Russian government has prepared a significant increase in taxes – media
New Correspondent.net on Telegram and WhatsApp. Subscribe to our channels Athletistic and WhatsApp

Source: korrespondent

- A word from our sponsors -

Most Popular

LEAVE A REPLY

Please enter your comment!
Please enter your name here

More from Author

- A word from our sponsors -

Read Now

5 K-Pop songs that were inspired by books and movies

With Brazilian reference included; Meet 5 songs by K-Pop artists who had books, animations and movies like InspirationThat art inspires thousands of people around the world everyone knows. She, who with her particular meanings and detailed details, is able to sensitize and become a model for new...

What are the movies that make up the age of Disney’s shadows?

Find out what are the films released by Disney that were marked by the characteristics of the studio's shadows ageDo you know what was the age of Disney's shadows? Also called the Dark Era, it was obscure, the darkness and was bronze, this is the period marked...