Russian Parliament Considering New Progressive Income Tax Rates
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 de…
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