The procedure for obtaining a tax deduction has become simpler. Now, you can apply for a deduction not only by submitting a tax return using Form 3-NDFL but also through a simplified process via the online service “Personal Taxpayer Account for Individuals.”  Under the simplified procedure, in accordance with Article 221.1 of the Tax Code […]

In its official clarification dated April 8, 2025, No. 03-03-06/3/34620, the Ministry states that, according to Article 250 of the Russian Tax Code, non-operating income included in the corporate income tax base includes, among other things, income in the form of gratuitously received assets (work, services), or property rights, except in cases specified in Article […]

Significant amendments are planned to the rules governing the five-year personal income tax (PIT) exemption on the sale of securities and shares held for more than five years (paragraph 17.2, Article 217 of the Russian Tax Code). The proposed legislation would considerably narrow the range of cases eligible for this tax exemption. It is planned […]