Tax return

TAX RETURN

Tax return must be filed by:

Individual entrepreneurs and other persons rendering private paid services
natural persons having received income from sale of property owned by them
natural persons having received income from other natural persons (not tax agents) under civil law agreements (including income under lease contracts, sale of property)
tax residents having received income from sources outside Russia
natural persons received lottery prizes, or winnings from betting on race or from other gambling games

Other taxpayers are entitled to submit tax return in order to be granted tax deductions. Tax return and application for social tax deductions may be submitted within three years following the end of year in which the income was derived

Tax return must be filed before April 30 of the following tax year

Social deductions

When submitting tax return the taxpayer may be granted the following social deductions:

Deduction on education
Deduction on medical treatment
Deduction to the amount of expenses for charitable purposes

These deductions are granted only in respect of income taxed at 13% rate. The unused portion of tax deductions may not be carried forward to future tax years

Contents / tax return

TAX RETURN