It became clear who Putin exempted from paying personal income tax

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Russian President Vladimir Putin signed the law exempting Russians burdened with mortgage loans from paying personal income tax. The relevant document has been published on the portal legal proceedings.

Loans for the construction or purchase of housing will be able to benefit from the new assistance, provided that the contract is signed before December 31, 2024. Additionally, the borrower must be entitled to a tax deduction for the construction or purchase of housing approved by experts. The document entered into force from the date of publication.

On Tuesday, October 29, the Supreme Court’s decision requiring Russian citizens to provide loans with interest was learned. pay ordinary personal income tax (NDFL), not the 4-6% tax as a self-employed person. RBC reports this with reference to the decision on the claim of Avtobaza-M LLC against the Inspectorate of the Federal Tax Service No. 35 in Moscow.

Putin before signed Law on increasing the minimum wage to 22,440 rubles.

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