Individuals are subject to Russian income tax as either residents or non-residents. Residents are subject to income tax on worldwide income, whereas non-residents are subject to income tax only on Russian-source income. The current definition of Russian-source income includes, inter alia, income received for the performance of any activities in Russia regardless of the source of payment, and remuneration of members of supervisory/managing board or boards of directors of Russian legal entities, regardless of the place where duties were performed. The tax year for individuals is the calendar year.
The official currency of Russia is the Russian Rouble (RUB).
Herein, the host country refers to the country where the expatriate is going on assignment. The home country refers to the country where the expatriate lives when he/she is not on assignment.
© 2017 KPMG Limited, a company incorporated under the Guernsey Companies Act and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.