FTS explained calculation of non-taxable income income in deposits

The Federal Tax Service (FTS) of Russia explained the calculation of the amount of annual income on bank deposits that is not taxable income tax (NDFL). Reports about it TASS.

As explained in the department, in order to calculate the amounts to multiply 1 million rubles for the key rate of the Central Bank (Central Bank) on January 1 of this year. Annual revenues on bank deposits that are equal to or lower than it will not be created by NFLL. In the case when the income is higher, the difference between income and tax free of tax is taxed.

It is noted that for the first time to pay this tax for 2021, the Russians will have to be until December 1 of this year. Declaration or in any way draw up such income to depositors will not need, added to the service.

/Media reports.