No Changes to Personal Tax Rates for Wealthy Russians Yet: Kremlin

No final decisions have yet been made to change the personal income tax rate, its increase for wealthy Russians is one of the topics under discussion, Kremlin spokesman Dmitry Peskov told reporters on Thursday, according to TASS.

“Due to the difficult situation, there is a constant exchange of [opinions] at the expert level both in the government and in the [Presidential] administration regarding possible steps – in terms of the anti-crisis measures and in terms of measures to stimulate economic development, support the most affected sectors of the economy,” he said. According to him, experts exchange views, “including the one mentioned”.

“So far, no final decisions have been made, if they are adopted, we will talk about it,” he said.