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Russia Raises Tax Rates For High Earners, Reduces Taxes For I.T. Investors

Asian Investors To Look At Russian Market I.T. Opportunities Russia has made joint steps to reform tax codes for specific individuals and businesses, commencing from January 1 2021. President Vladimir Putin announced in a speech to the nation yesterday to scrap Russia’s flat 13% income tax system from next year. Russians earning more than 5[.....]

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