Russia can extend self-employed tax to other regions Sep–Dec

MOSCOW, Feb 27 (PRIME) -- A taxation regime for the self-employed can be extended to some Russian regions from just in Moscow, the Moscow and Kaluga regions, and the republic of Tatarstan in autumn, head of the Federal Tax Service Mikhail Mishustin told the Federation Council, parliament’s upper chamber, on Wednesday.

“I think that we will stabilize the contour, will make the decision catastrophe-proof for the entire country in half a year, by summer. And in summer, we will report to the Federation Council on the possibility to extend the experiment. I think that we can extend it to other regions during the autumn session if they want that, there is a possibilty,” Mishustin said.

In November 2018, President Vladimir Putin signed into law the bills to introduce a professional income tax for self-employed people in a pilot mode for 2019–2028.

The law introduces a 4% tax if services are provided to individuals and a 6% tax if services are provided to self-employed individuals and companies. The income limit for the tax is 200,000 rubles per month.

(65.6182 rubles – U.S. $1)

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