The Federal Tax Service published statistics that personal income tax collections for wealthy Russians with income over 5 million rubles increased by 15%. in the year. In 2023, revenues to the federal budget thanks to this element of tax progress amounted to 159.5 billion rubles. ($4.06 billion), which is 7% more than the previous year. writes about this RBC referring to tax data.
“Almost half of the collections – 49.4% or 78.8 billion rubles. ($2.01 billion) was provided by Moscow,” the publication writes.
-St. comes second with 9% of the total amount ($365 million). Petersburg, and the third place is the Moscow region with 7% ($284 million).
“Krasnodar Territory also entered the list of leading regions, taking fourth place in terms of absolute indicators of increased personal income tax collections,” tax officials said.
In terms of the relative share of wages resulting from the 2 percentage point increase. Personal income tax rates within the total revenues of this tax are allocated to small regions.
“An additional 2% in the Kostroma region brought 2.8% of all personal income tax collections, and in the Kaliningrad region 2.7%,” Federal Tax Service statistics say.
As social geographer and Moscow State University professor Natalya Zubarevich notes, high indicators of these areas may indicate the location of these areas in a special economic zone, as well as shareholders receiving dividends from these areas.
“Kaliningrad’s share is high due to the special economic zone in which companies have re-registered,” Zubarevich said.
A significant part of the increased personal income tax is 68.7 billion rubles. ($1.76 billion), or 43% of the total amount, was paid from dividends of individuals whose income exceeded 5 million rubles. Including Moscow – 28.4 billion rubles, St. St. Petersburg – 6.3 billion, Moscow region – 5.1 billion.
“Rosstat survey data does not adequately cover high-income households. Income inequality at the national level is significantly higher than the gap between regions,” commented Bloomberg economist Alexander Isakov.
Russians whose salaries before this were less than 50 thousand rubles in the name exempt from taxes
Previously in Russia wanted reducing the tax burden on citizens and businesses.