Russia’s first deputy PM denies plans for progressive income tax scale Russia’s first deputy PM denies plans for progressive income tax scale

Russia’s first deputy PM denies plans for progressive income tax scale
01 Feb 2018

Russian first deputy prime minister has denied reports of plans to introduce a progressive scale under which citizens will pay personal income tax.

"These are rumours," Igor Shuvalov said.

Citing federal officials, business daily Vedomosti claimed the presidential administration as well as several ministries were considering whether to implement either a progressive scale for personal income tax or raising rates to 15%, while also introducing new benefits for the poor.

Last October, the Russian State Duma rejected four bills on the introduction of a progressive scale of income tax during their first readings.

 

Emma Woollacott is a freelance business journalist. Her work has appeared in a wide range of publications, including the Guardian, the Times, Forbes and the BBC.

Russian first deputy prime minister has denied reports of plans to introduce a progressive scale under which citizens will pay personal income tax.

"These are rumours," Igor Shuvalov said.

Citing federal officials, business daily Vedomosti claimed the presidential administration as well as several ministries were considering whether to implement either a progressive scale for personal income tax or raising rates to 15%, while also introducing new benefits for the poor.

Last October, the Russian State Duma rejected four bills on the introduction of a progressive scale of income tax during their first readings.

 

Emma Woollacott is a freelance business journalist. Her work has appeared in a wide range of publications, including the Guardian, the Times, Forbes and the BBC.

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