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Federal authorities thought about personal income tax reform in Russia

Federal authorities thought about personal income tax reform in Russia
Photo: pixabay.com

Federal authorities are discussing the introduction of a personal income tax deduction in the amount of a living wage to support the poor. The idea is being discussed and worked out at the highest levels of government: meetings on this issue were held at the head of the presidential administration, Anton Vaino, and consultations were also held in the Russian government.

As reported "Vedomosti" With reference to sources in the government, various options for personal income tax reform are being discussed. It is considered, including the introduction of a deduction of 1,5 living wages for all Russians. At the same time, the personal income tax rate may increase to 16% in order to compensate for part of the losses. For regions whose budgets include personal income tax, reform can cost 1, -1,5 trillion rubles.

Recently an idea cancellation of personal income tax for citizens with low wages supported the speaker of the Federation Council Valentina Matvienko. In her opinion, this category includes people receiving salaries at the minimum wage level.

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