On September 30, 2019, the Ministry of Finance of Russia submitted to the State Duma a draft of “The main directions of the budget, tax and customs tariff policies for 2020 and the planning period 2021 and 2022”, in which it proposed reducing the length of stay in Russia for recognition as a resident and reduce personal income tax for non-residents.
It is proposed to reduce the minimum stay in Russia from 183 days to 90 in order to automatically consider person as a tax resident.
It is also proposed to reduce the personal income tax rate for non-residents from 30% to 13%.
At the moment, the specified document has not been accepted.
For additional information, please contact consultants of Confidence Group.
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