Individuals who were in Russia in 2020 from 90 to 182 days, will have the right to recognize themselves as tax residents. This was stated today to journalists by the Minister of Finance of the Russian Federation Anton Siluanov.
on Thursday, the government approved amendments to the Tax code, reducing by 2020 from the current 183 days to 90 days the minimum period of stay in Russia for tax residency.
“the Bill proposed to add a provision stating that individuals who were on the territory of the Russian Federation in the current 2020 from 90 to 182 days inclusive, have the right to recognize themselves as Russian tax residents in the current year on the basis of submitted to the tax authorities statements,” — said Siluanov at the meeting of the government.
According to him, the statement “will be supplied in free form together with the tax Declaration for personal income tax”. “This will provide an opportunity to bring to our country citizens who are willing to work here, to develop the business and become tax residents”, — said Siluanov, quoted by the press service of the Cabinet.
Thus, the approved amendments to the Tax code will enhance the possibility of preservation of the Russian tax residency in 2020, said PRIME.
“this is Particularly relevant issue was the background of the situation with the spread of novel coronavirus infection in the world. Some citizens were not able to return to Russia for the objective reasons — from business trips, vacations from school or after treatment,” — said Siluanov later.
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