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Russia is abolishing the increased personal income tax rate for workers from EAEU countries

CIS and EAEU labor market news
Photo: freepik.com
Photo: freepik.com
The Federation Council has approved a law on equal personal income tax rates for Russians and citizens of the Eurasian Economic Union (EAEU). This is reported by RIA News.

Currently, employment income of citizens from EAEU countries is taxed at a rate of 30%. After the law comes into force, the employment income of citizens from EAEU countries will be taxed at the same progressive rates as that of Russians - from 13% to 22% depending on income level.

The document is designed to address the objections of the Eurasian Economic Commission and to create equal conditions for workers from the Eurasian Economic Union in the Russian labor market.

GCTU News