Tax on interest on deposits will be introduced in 2022

Photo: depositphotos/mizar_219842

the Tax of 13% for interest income on deposits more than a million rubles is planned to enter only the year 2022, said Russian Finance Minister Anton Siluanov.

He said that it will not apply to interest income in 2022. First notice for payment of the tax will be directed to 2022 for interest income on deposits in 2022. Similar measures will affect investment in debt securities, reports “Interfax”.

According to Siluanov, the tax will be levied on the amount of Bank Deposit (Deposit), but only received from Deposit interest. Changes caused by currency fluctuations will not be taxed.

the Leader of “Fair Russia” Sergei Mironov plans to ask the President to increase the amount of the taxable income of Bank deposits to 1.4 million rubles. He explained that this is the amount by which the state insures citizens ‘ deposits. According to Mironov, it would be “logical and fair”.

Vladimir Putin in a televised address announced plans to introduce a tax on interest from deposits to one million rubles. In addition, there will be a 15 percent tax on output abroad dividends and interest.

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