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Russian Parliament Considering New Progressive Income Tax Rates

|Proposed Changes|Russia
Russia

The Russian parliament is reportedly considering a proposal for the introduction of new individual income tax rates as follows:

  • up to RUB 5 million - 13%  
  • over RUB 5 million up to RUB 24 million - 15%  
  • over RUB 24 million up to RUB 200 million - 18%  
  • over RUB 200 million up to RUB 500 million - 20%  
  • over RUB 500 million - 25%  

Further details will be published if approved.

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