State Duma approves freeing payments to medics from personal income tax
The State Duma passed in the second and third readings on Friday amendment to the Tax Code applying to healthcare workers and certain organizations in relation to the coronavirus spread.Thus, under the draft law, payments to doctors and medical staff engaged in care of coronavirus-infected patients will not be subjected to the personal income tax.
Ombudsman Titov proposes to relieve small businesses from taxes for 3 years
Russia’s business ombudsman Boris Titov believes that small businesses may be allowed not to pay taxes for three years as the respective shortfall in budgetary revenues can be compensated from other sources, whereas the measure is necessary at the time of pandemic.
Tax free system may be set up on nationwide scale in Russia in 2021
The Ministry of Industry and Trade has drafted a bill extending tax free system throughout Russia starting 2021.
Uralkali challenges additional charge of tax in Russian Supreme Court
Major potash producer Uralkali has lodged an appeal with the Supreme Court of Russia against lower courts’ refusal to invalidate the Federal Tax Service’s decision to file an amended return worth nearly 980 million rubles ($15 million) with the company.
Bill on tax benefits for terrorism and natural disasters victims passed by State Duma
Russia’s State Duma adopted a bill on tax benefits for citizens, who had suffered from terrorist attacks, natural disasters and other emergency situations in the third and final reading on Wednesday.
State Duma backs tax benefits for emergency and terrorism victims
The lower house of Russian parliament passed a bill on tax benefits for people, who had suffered from terrorist attacks, natural disasters and other emergency situations.
Tax benefits proposed for emergency and terrorism victims
The Russian government has submitted a bill exempting any incomes of people suffered from terrorist attacks, natural disasters and other emergency situations from taxation to the State Duma.
State Duma backs exemption of financial aid to students from taxation
The State Duma adopted a bill exempting financial aid to students from personal income taxation in the third reading on Thursday.
Ombudsman Titov proposes to exempt business donations to NGOs from taxes
Russian business ombudsman Boris Titov has suggested that businesses could forward up to 20% of tax-exempt profit as donations to certain NGOs.
Putin signs bill on tax free system in Russia into law
President Vladimir Putin has signed a bill introducing tax free system in Russia into law.
State Duma passes bill on tax free system in Russia
The State Duma has passed a government bill introducing tax free system in Russia in the third and final reading.
Russian government files bill on tax free system with State Duma
Russian government has filed a bill introducing tax free system in the country to the State Duma.
Government commission approves bill on tax free system in Russia
A legislative commission of the Russian government has approved a bill introducing tax free system in the country.
Tax-free bill to be submitted to Russian government for consideration in December
First Deputy Prime Minister Igor Shuvalov ordered the Finance Ministry to submit a bill for consideration introducing tax-free system in Russia.
Bill on progressive tax on foreign movies reaches Russian lower house
Lawmakers representing A Just Russia party, Ildar Samiyev and Oleg Pakholkov, have submitted to the State Duma a bill introducing progressive tax on distribution of foreign movies in Russia.
Sugar, palm oil, chips and fizzy water may get taxed in Russia - report
Russian government may introduce new taxation for food products that include high percentage of fat and sugar or specific taxes for palm oil, sugar, fizzy water, chips.
Mikhail Kazantsev: capital amnesty is an outreach to the business community
Russia’s law broadly known as the “Capital Amnesty Law” - was adopted on June 8. Under the amnesty, taxpayers are able to declare their foreign assets by filing a special declaration with Russia’s tax authorities. Meanwhile, the state guarantees a waiver of tax proceedings related to the assets declared. Mikhail Kazantsev, a partner at Egorov, Puginsky, Afanasiev & Partners, spoke with RAPSI about what had come out of it and how it might operate in practice.
Russian MP suggests delaying enforcement of new taxes by seven years
Yevgeny Fyodorov (United Russia) from the State Duma Tax Committee has proposed delaying the enforcement of new taxes (excluding excise taxes and VAT on Russian goods) by seven years from their official publication date.
Russian government backs bill on amnesty for tax evaders
Russia's government approved on Tuesday an amnesty bill for tax evaders in an effort to bring assets from abroad back to the country.
ExxonMobil initiates arbitration proceedings against Russia over tax issues
ExxonMobil, the world’s largest publicly traded international oil and gas company, served Russian authorities with a notice of arbitration over $500 million tax refund.