The Ministry of Finance explained the increase in tax for the departed Russians

The Ministry of Finance explained the increase in tax for the departed Russians

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Ministry of Finance: increase in the VAT rate will not affect employees under labor contracts

The Ministry of Finance explained in its telegram channel the meaning of the amendments regarding tax rates for those working from abroad as part of Russian projects. As emphasized in the department, the application of an increased personal income tax rate of 30% of the rate will not affect those who work under employment contracts.

“These amendments do not affect employees who work under employment contracts, for them the current tax conditions do not change in any way. We also draw your attention to the fact that the bill is currently being finalized at the site of the government of the Russian Federation,” the clarification published by the financial department says.

As RBC clarifies, the amendments being finalized provide for changes in taxation in the event that Russians who have left change their tax residency. That is, if a citizen lives abroad for more than six months within 12 consecutive months.

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