The tax on income from investments in the stock market for foreign citizens can be reduced from the current 30% to 13%, Ivan Chebeskov, Director of the Financial Policy Department of the Ministry of Finance, told Izvestia.
To increase the attractiveness of Russian sites, the simplification of access for non-residents...
On Friday, a descendant of Russia's last emperor, Nicholas II, married in a grandiose ceremony, marking the country's first royal wedding in the century since the Bolshevik revolution deposed the monarchy.
Grand Duke George Mikhailovich Romanov married his Italian fiancée Rebecca Virginia Bettarini in front of hundreds of royal guests...
According to Vedomosti, Russia's exports will surpass $500 billion this year for the first time since 2013, citing a Citi study. Experts noted in a study note that exports are already nearing their best levels in years, and basic commodity prices are rising.
According to Citi analysts, the increase in...
The economic crisis is not such a terrible phenomenon, the economies of countries, especially financially developed ones, come out of crises refreshed, change their technological structure, become more productive and a new phase of the economic cycle begins, experts explain.
Georgy Ostapkovich, director of the Center for Market Research at...
A call center engaged in deceiving clients of one of the biggest Russian banks was discovered in the center of Kyiv near the building of the central office of the Security Service of Ukraine, Izvestia reported.
The scammers were forcing the bank's clients to transfer money to them, and one...
VTB got interested in the retail operations of American Citibank's Russian subsidiary: towards the end of August, VTB sent the bank a non-binding agreement, according to Dmitry Pyanov, a member of the state bank's board of directors. He went on to say that VTB had yet to get an...
According to the Russian State Statistics Service, hotel revenue in Russia surpassed the pre-pandemic level in Q2 2021. The hotel sector's income in the reporting period was 70.7 billion rubles ($970.7 million), up 13.6 percent over the previous year, according to the statistics agency. According to experts, the hotel...
Ilya Sachkov, the founder and CEO of Group-IB, was detained for two months on suspicion of treason, according to the press office of Moscow's Lefortovo court, Kommersant said. The decision was taken on the previous day, September 28.
Mr. Sachkov faces up to 20 years in jail under the clause on...
There is an increase in the issuance of loans to the Russian population, experts claim. Since the beginning of the year, the debt has grown by 2.3 trillion rubles, financier and investor Yan Marchinsky told Izvestia in an interview.
“In September, the indicator became higher than last year in the...
The Russian Ministry of Finance would want to equalize income tax rates for Russians and nationals who are not tax residents of Russia in its draft Guidelines for fiscal, tax, and customs tariff policy for 2022-2024, Vedomosti writes.
The proposal suggested capping the income tax on profits "from work activity"...