Russia’s Finance Ministry proposes hiking income tax rate for ‘foreign agents’ — Meduza
Russia’s Finance Ministry has drafted legislation that would set the personal income tax rate for “foreign agents” at 30 percent, Vedomosti reported, citing two sources. The rate would apply for the entire year in which a person was designated a “foreign agent,” even if it was just for one day. Currently, a 30 percent income tax applies to non-residents, defined as those who spend more