The state Duma approved a tax exemption sanctioned citizens

The state Duma approved a tax exemption sanctioned citizens

The state Duma adopted in the second reading the amendment to the legislation that allows came under international sanctions citizens to abandon the Russian tax residency.

324 voted for the MP, vs — 38, no abstentions.

The amendment allows sanctioned to individuals who are residents of foreign States not to pay taxes in Russia, regardless of length of stay in the country. By law, Russian tax residents are citizens residing in the country for more than 183 days in a year.

Under the proposed amendment, if a citizen who is in the sanctions list, will confirm that in the same tax period was a resident of a foreign country, you will be able to avoid paying taxes in Russia.

The author of the amendment, the Chairman of the Committee on budget and taxes Andrey Makarov noted that if a citizen “pleads resident of the other state, he will pay income tax of 13%, and 30%, we are talking about increasing the tax burden, not decrease it”. In addition, such a citizen will not be able to hide information about controlled foreign companies as from 1 January 2017 Russia participates in the international agreement on the exchange of tax information.

The list of the countries whose sanctions will have the right to withdraw from the Russian tax residency is to be determined by the government.

The government supports this legislative initiative, the Deputy Minister of Finance Ilya Trunin.