Criteria for selection of Russian rich people for VIP tax inspection

Criteria for the selection of the rich in Russia for the VIP inspection created by the Federal Tax Service (FTS) have been disclosed. Reported by VTimes.

Initially, it was assumed that the inspection will control those whose income exceeds 500 million rubles. However, it has now become known that the number of clients may include a person with a lower income. So far, 300 Russians are registered, but in the future there will be more of them. In general, the system of criteria will be more complex than just assessing income.

As the deputy head of the Federal Tax Service Yulia Shepeleva said, a person’s income will be assessed not in one year, but in two. And not in a row. That is, a person who earned 500 million rubles for a certain period will be registered with the tax authorities, which one – the FTS does not indicate. Another criterion will be the presence of controlled foreign companies, in this case a person can earn less than half a million rubles.

The presence of other foreign assets will also be taken into account, for example, accounts with a large amount. In addition, Shepeleva pointed out, in the future, the whole family may start to register on such a record, that is, the Federal Tax Service will take into account the total income. This practice is already being carried out abroad, for example, in France.

The fact that the Federal Tax Service will create a special inspection for VIP-clients and will calculate the taxes of wealthy Russians separately became known at the end of January. The clients of the inspection will be Russians, whose incomes exceed 500 million rubles a year. The task of the new inspectorate will be to collect dossiers on wealthy Russians for a more accurate assessment of their taxes.

Since 2021, in Russia, the rates of personal income tax (PIT) for wealthy citizens, whose annual income exceeds five million rubles, have increased from 13 to 15 percent. The law provides for several exceptions. For example, the rate remained the same for the sale of personal property.

/Media reports.