Russians who got under sanctions will be allowed not to pay taxes

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The corresponding amendment was approved today by the profile committee of the State Duma (the lower chamber of the Russian parliament – RRT).

As reported by Interfax, the proposed bill states that if restrictive measures were imposed by a foreign state against a Russian citizen, who at the same time is a tax resident of another country, such a person may not pay taxes in Russia. Moreover, the law will have retroactive effect: hence, such citizens will be able to return the taxes paid since 2014.

Earlier it became known that the EU Council extended personal sanctions against 150 individuals from Russia and Ukraine and 37 organizations associated with the self-proclaimed Donetsk People’s Republic and Luhansk People’s Republic for another 6 months.

Source: echo.msk.ru