The Russian parliament is considering draft Bill No. 363564-8, which was submitted on 22 May 2023 for the introduction of a new top income tax rate of 30% on income exceeding RUB 10 million per year for resident individuals. Currently, resident individuals are subject to income tax at a rate of 13% on income up to RUB 5 million, with income exceeding that amount subject to a rate of 15%. The new top rate of 30% is to apply from 1 January 2024 in respect of income received after 1 January 2023…