Recent changes in international taxation and double tax agreements in Russia

1 For example, in 1996, 26 tax collectors were killed, six were kidnapped, and 41 had their homes burned down.In the first half of 1997, the government only collected 57% of its targeted tax revenues.Sodnomova S. K. 2008.Theory and history of taxation.Irkutsk: Publishing BGUEP.2 Panskov V. G. 2006.Tax and tax system of the Russian Federation.Moscow, Book World 3 From 1 January 2009, 2% of this rate is paid to the federal budget and 18% to the regional budgets (previously, the federal portion was 6.5%).4 There is no separate capital gains tax in Russia.Capital gains are taxable as normal business income.5 Income tax rate for non-residents is 30% (flat rate).6 Social contribution are payable in connection with employee salaries by employers to the state pension, medical insurance and social insurance funds (34 % starting on January 1, 2011).7 A 10% VAT rate is applied to food products, children's goods, and printed materials, such as schoolbooks.