Thursday, October 27, 2016

The Finance Ministry is considering to introduce taxation on income from Bank deposits – the Radio station ECHO of MOSCOW

according to Deputy Minister Alexei Moiseev, a situation where people basically pay nothing on deposits, it is possible for the world of practice. According to RBC, the initiative could, according to Finance Ministry estimates, lead to a partial outflow of deposits, but to give an additional budget of 200 billion rubles a year.

the Treasury may impose a tax on income from Bank deposits. The implementation of this initiative may lead to a partial outflow of deposits and give additional budget of 200 billion rubles a year, is already experts predict.

This innovation could adversely affect the level of trust of citizens to the state, said “echo of Moscow” economist Igor Nikolayev. He added that the state has some time to consider the pros and cons before taking the law.

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