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Reduced Russian Personal Income Tax Rates for Non- Residents
Generally, Russian individual taxation rules are distinguished by their comparatively low tax rates and the absence of a progressive taxation scale (as opposed to the majority of European countries). While the second issue is permanently under discussion by the Russian state authorities1, it is unlikely that the first one will change in the near future. Moreover, new Federal Law No. 86-FZ dated 19 May 2010 "On amendments to the Federal Law "On the legal status of foreign citizens in the Russian Federation" and certain legislative acts of the Russian Federation” (hereinafter – the “Law”) even provides for new, reduced, rates of personal income tax for several categories of Russian non-residents.
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