22.10.2021 | News
The Law Reviews: The Special Rules on the Taxation of Individuals in Russia in 2021

One of the advantages of Russia’s tax system is the flat and low tax rate for individuals. Most of the Russian investors accumulate portfolios featuring assets from various countries. Thus, for instance, they establish companies abroad and open bank accounts for investing both in Russia and worldwide.

The chapter in the new The Law Reviews prepared by the BGP Litigation experts – Partner Alexander Golikov and Senior Associate Anastasiya Varseeva – reveals the special features of taxation of the investment income of individuals who are Russian tax residents. It discusses in detail the special tax regimes for various types of financial instruments, as well as which new rules become effective from 2021 and how one can and even should change the vector of investment and structure one’s portfolio.

Read the full Review here.