The National Financial Market Council sent the State Duma a proposal to postpone the implementation of the progressive income tax scale for income from bank deposits until January 1, 2028. The credit organizations propose to declare the year 2027 as a transitional period in order to adapt to new requirements.
According to market participants, the main reason for the initiative is the risk that there will not be time to finish the software and perform full integration with the databases of the Federal Tax Service. All credit institutions will have to modernize their systems, although most high-income customers are concentrated in the largest banks.
The bill in question provides for the inclusion of interest income on deposits in the general progressive taxation scale. The postponement will allow banks to technically prepare for changes, maintain stability in working with customers and ensure proper interaction with the fiscal authorities.