The State Duma adopted in first reading amendments to the tax law, which will increase taxes on passive income. The Minister of Finance says that this is what 'fairness' looks like. The State Duma approved in first reading a bill to amend the tax law. This is written in the database of parliamentary bills. The most important change proposed by the amendments is the extension of the progressive personal income tax scale to the passive income of Russians. That is, dividend income, interest on deposits, transactions in securities and digital rights, sale of assets and participation rights as well as insurance and donations. They are now taxed at 13 and 15%, and after the bill is passed, a scale from 13 to 22% will apply to them. The rate will depend on the level of income. The changes will bring the treasury more than 450 billion rubles, as follows from the explanatory note. Amendments to the tax law also imply the introduction of VAT at a rate of 22% for goods purchased on foreign online platforms. It was assumed that the Treasury would receive an additional 75 billion rubles from this. The bill also proposes to impose a duty on foreign packages containing goods for personal use worth up to 200 euros. However, Deputy Minister of Finance Alexey Sezanov said today that they want to abandon this innovation - it will be removed from the text of the bill in the second reading. “Regarding your question about customs, 100 rubles per package. There is no plan to introduce both VAT and customs. Now, apparently, the government will introduce an amendment for the second reading, where accordingly no duty will be imposed on online trade goods, so that both VAT and customs will not increase," he said. Referring to the increase in the tax burden, Deputy Prime Minister and Minister of Finance Anton Siluanov said that the authorities strive for "fairness" and all changes are aimed at reducing the "gray sector" in the economy.

The State Duma adopted in first reading amendments to the tax law, which will increase taxes on passive income. The Minister of Finance says that this is what 'fairness' looks like. The State Duma approved in first reading a bill to amend the tax law. This is written in the database of parliamentary bills. The most important change proposed by the amendments is the extension of the progressive personal income tax scale to the passive income of Russians. That is, dividend income, interest on deposits, transactions in securities and digital rights, sale of assets and participation rights as well as insurance and donations. They are now taxed at 13 and 15%, and after the bill is passed, a scale from 13 to 22% will apply to them. The rate will depend on the level of income. The changes will bring the treasury more than 450 billion rubles, as follows from the explanatory note. Amendments to the tax law also imply the introduction of VAT at a rate of 22% for goods purchased on foreign online platforms. It was assumed that the Treasury would receive an additional 75 billion rubles from this. The bill also proposes to impose a duty on foreign packages containing goods for personal use worth up to 200 euros. However, Deputy Minister of Finance Alexey Sezanov said today that they want to abandon this innovation - it will be removed from the text of the bill in the second reading. “Regarding your question about customs, 100 rubles per package. There is no plan to introduce both VAT and customs. Now, apparently, the government will introduce an amendment for the second reading, where accordingly no duty will be imposed on online trade goods, so that both VAT and customs will not increase," he said. Referring to the increase in the tax burden, Deputy Prime Minister and Minister of Finance Anton Siluanov said that the authorities strive for "fairness" and all changes are aimed at reducing the "gray sector" in the economy.