Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: skinkinthegrass

Russia has a flat 13% personal income tax.

“Personal income tax (PIT) is levied individually normally at 13 percent. There is no joint filing. Employers withhold income taxes, thus the taxpayers whose only taxable income was paid by employer do not need to file a tax return—except to claim a refund for itemized deductions. “

http://en.wikipedia.org/wiki/Tax_Code_of_Russia


10 posted on 07/06/2014 7:22:08 AM PDT by Innovative ("Winning isn't everything, it's the only thing." -- Vince Lombardi)
[ Post Reply | Private Reply | To 5 | View Replies ]


To: Innovative

Also —in Russia there is basically NO capital gains tax, if you owned the asset longer than 3 years.

“Capital gains from asset sales are taxable only if the seller owned the asset for less than 3 years. “

http://en.wikipedia.org/wiki/Tax_Code_of_Russia

Maybe it’s time to start learning Russian and find out the immigration policy of Russia...


11 posted on 07/06/2014 7:25:15 AM PDT by Innovative ("Winning isn't everything, it's the only thing." -- Vince Lombardi)
[ Post Reply | Private Reply | To 10 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson