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The Tax Rate for Self-employed Citizens may Become 4%
29.08.2018 00:03
The Tax Rate for Self-employed Citizens may Become 4%

The Deputy Head of the Federal Tax Service (FTS) Dmitry Satin said that in case the relevant bill is adopted, the tax rate for self-employed citizens will be 4%, as “Rossiyskaya Gazeta” reports.

      Nowadays “legal” self-employed people are required to pay personal income tax (Personal Income Tax) or register as individual entrepreneurs. According to Satin, the new tax regime can significantly reduce the tax burden for the self-employed. In addition to the reduced tax rate, they will be exempted from the reporting and payments to the Pension Fund and Social Insurance Fund - contributions will only be made to the Compulsory Insurance Fund.

      Consult our attorneys on a new tax bill.


Author: Anna Dorozhkina

Tags: Russian laws Russian taxes Legal Services in Russia   

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