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To: goldstategop

That is just income tax. Russian payroll tax is 30% on top of a gross salary and 40% for annual wages over ~$10k.

http://www.rfhwb.de/Docs/0%20index%20page/brief%20guide%20to%20russian%20taxes%202014.pdf


12 posted on 11/13/2015 8:00:35 AM PST by Krosan
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To: Krosan; goldstategop

So I am bored and that is why I do the calculation for you. Say you are in Russia and your annual gross salary is over $7,651 - the cutoff to 40% payroll tax. For my example I say $10,000 annual salary. Your net receipts will be $8,700 and the amount of taxes will be $5300 making the effective tax rate 38%.


13 posted on 11/13/2015 8:17:48 AM PST by Krosan
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