Business peculiarities in Russia
pension legislation of the Russian Federation, severance pay, paid severance, compensation,
employee benefits paid to them within the rules (travel, field allowances, the use of private
vehicles for official purposes).
Individuals whose income for the year did not exceed 5,000 rubles taxable amount is
reduced by the amount of income equivalent to twice the statutory minimum wage and the
same amount for the children and dependents of each month. When combined income
reaches 5000rubley and 1 penny to 20000rubley benefits are determined in the amount of a
single statutory minimum wage. The table given the scale of income tax on the taxable gross
income received in a calendar year. Income tax exemptions are given for housing once in a
lifetime for a period not exceeding three years 5000 minimum wage.
An example of local taxes can be land tax. The object of land tax are land granted to legal
persons and citizens
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