Taxes on Income, Profits and Capital Gains (As % of Revenue) fell to -1.35% in Russia in 2016

Taxes on Income, Profits and Capital Gains (As % of Revenue) (%)
Economy | Russia | February 1, 2019
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Taxes on income, profits and capital gains as a share of revenue reached -1.35 % in 2016 in Russia, according to the National Statistical Office. This is 171 % less than in the previous year.

Historically, taxes on income, profits and capital gains as a share of revenue in Russia reached an all time high of 11.5 % in 2000 and an all time low of -1.35 % in 2016. When compared to Russia's main peers, taxes on income, profits and capital gains as a share of revenue in China amounted to 21.2 %, 17.4 % in Germany, 46.5 % in Japan and 54.1 % in USA in 2016.

Russia has been ranked 111th within the group of 111 countries we follow in terms of taxes on income, profits and capital gains as a share of revenue, 1 places above the position seen 10 years ago.

Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realised or not, on land, securities, and other assets.

Taxes on Income, Profits and Capital Gains (As % of Revenue) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Austria % 26.7% 27.0% 27.4% 27.9% 28.7%
Belgium % 35.3% 35.4% 36.2% 36.7% 35.0%
Canada % 53.8% 53.0% 53.1% 54.1% 54.0%
China % 24.9% 26.0% 28.3% 19.9% 20.6% ...
France % 24.7% 25.7% 26.2% 25.7% 25.7%
Germany % 15.5% 16.2% 16.5% 16.6% 16.9%
India % 43.4% 44.8% 46.6% ... ... ... ...
Japan % 47.7% 49.0% 51.0% 48.7% 46.9%
Mexico % 27.9% 27.1% 31.3% 30.5% 34.7%
Poland % 12.4% 12.7% 12.1% 12.1% 12.2%
Russia % 1.70% 1.90% 1.72% 1.90% 1.90%
South Korea % 30.3% 24.5% 24.0% 24.9% 26.2%
USA % 52.8% 53.5% 51.1% 53.1% 54.1%