The Ministry of Finance of the Russian Federation proposed to adjust the mechanism of progressive taxation on deposits for a second reading.
Starting January 1, 2027, banks will calculate and pay withholding tax on interest income at a rate of 13%, the department's press service reported.
The state equivalent is currently considering a bill that would introduce a progressive scale for interest on deposits. Banks were required to deduct personal income tax on interest on a monthly basis starting January 1, 2027. For income over 2.4 million rubles. The tax will be calculated at rates of 15, 18, 20 and 22%. The Ministry of Finance proposes a transitional procedure: in 2027 the banks will deduct 13%, and the Federal Tax Service will add additional amounts at a progressive rate at the end of the year. By the end of 2027, the credit institutions will adapt their systems to the new order.
The government amended the tax code at the end of September 2026; They extend the advance to "passive" income, including interest on deposits. Now income from deposits is transferred to a separate base and taxed at a rate of 13 or 15% depending on the amount. The budget in 2027 is expected to receive 1.02 trillion rubles. Personal income tax on interest on deposits is 1.6 times higher than in 2026. (632 billion rubles).
Online47 ב-MAX | Online47 ב-VK.